DSV (OTCMKTS:DSDVY) Shares Gap Down – Here’s What Happened
by Scott Moore · The Cerbat GemShares of DSV (OTCMKTS:DSDVY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $123.07, but opened at $118.28. DSV shares last traded at $115.66, with a volume of 10,581 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on DSDVY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a report on Thursday, January 15th. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a report on Friday, February 6th. Finally, Citigroup reiterated a “buy” rating on shares of DSV in a report on Friday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
DSV Trading Down 8.5%
The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48. The firm has a fifty day simple moving average of $126.14 and a two-hundred day simple moving average of $124.42. The firm has a market cap of $54.13 billion, a PE ratio of 36.43, a PEG ratio of 0.86 and a beta of 1.19.
DSV (OTCMKTS:DSDVY – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.15. DSV had a return on equity of 9.45% and a net margin of 2.55%.The business had revenue of $11.03 billion during the quarter, compared to analysts’ expectations of $10.89 billion. Equities analysts forecast that DSV will post 5.23 EPS for the current year.
DSV Company Profile
DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.
Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.