DSV (OTCMKTS:DSDVY) Sees Large Volume Increase – Here’s What Happened

DSV (OTCMKTS:DSDVY) saw unusually-strong trading volume on Monday . 399,911 shares changed hands during mid-day trading, an increase of 378% from the previous session’s volume of 83,672 shares.The stock last traded at $117.27 and had previously closed at $116.93.

Wall Street Analyst Weigh In

Several research firms recently weighed in on DSDVY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research note on Friday, May 22nd. Citigroup reiterated a “buy” rating on shares of DSV in a research note on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

DSV Trading Up 0.4%

The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48. The stock’s 50 day moving average is $124.16 and its 200-day moving average is $127.45. The company has a market cap of $56.44 billion, a PE ratio of 37.26, a P/E/G ratio of 0.84 and a beta of 1.18.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.15. DSV had a net margin of 2.55% and a return on equity of 9.45%. The business had revenue of $11.03 billion during the quarter, compared to analysts’ expectations of $10.89 billion. As a group, sell-side analysts anticipate that DSV will post 5.03 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.