Short Interest in DSV (OTCMKTS:DSDVY) Grows By 120.6%

DSV (OTCMKTS:DSDVY) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 11,987 shares, an increase of 120.6% from the April 15th total of 5,434 shares. Based on an average daily volume of 76,741 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

DSV Stock Performance

Shares of DSDVY stock opened at $122.95 on Friday. The firm has a market capitalization of $59.13 billion, a price-to-earnings ratio of 39.03, a price-to-earnings-growth ratio of 0.88 and a beta of 1.19. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. The business has a fifty day moving average of $124.79 and a 200 day moving average of $125.30. DSV has a 1 year low of $97.90 and a 1 year high of $151.98.

DSV (OTCMKTS:DSDVY) last issued its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.15. The company had revenue of $11.03 billion during the quarter, compared to analyst estimates of $10.89 billion. DSV had a return on equity of 9.45% and a net margin of 2.55%. As a group, research analysts expect that DSV will post 5.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DSDVY. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a report on Friday, February 6th. Citigroup reiterated a “buy” rating on shares of DSV in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.