DSV (OTCMKTS:DSDVY) Reaches New 1-Year High – What’s Next?

DSV (OTCMKTS:DSDVY)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $132.72 and last traded at $132.72, with a volume of 2770 shares. The stock had previously closed at $130.44.

Analyst Ratings Changes

Several research firms recently issued reports on DSDVY. Zacks Research raised DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

DSV Stock Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95. The company has a market capitalization of $64.62 billion, a PE ratio of 45.71, a price-to-earnings-growth ratio of 1.36 and a beta of 1.32. The firm’s fifty day simple moving average is $119.86 and its 200 day simple moving average is $114.06.

DSV (OTCMKTS:DSDVY) last released its quarterly earnings data on Thursday, October 23rd. The company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.16. DSV had a return on equity of 10.92% and a net margin of 4.23%.The business had revenue of $11.19 billion during the quarter, compared to analyst estimates of $11.38 billion. On average, research analysts predict that DSV will post 3.97 EPS for the current year.

About DSV

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.