DSV (OTCMKTS:DSDVY) Sees Unusually-High Trading Volume – Time to Buy?

DSV (OTCMKTS:DSDVY – Get Free Report) shares saw an uptick in trading volume on Wednesday . 357,235 shares changed hands during mid-day trading, an increase of 452% from the previous session’s volume of 64,772 shares.The stock last traded at $118.8076 and had previously closed at $120.11.

Wall Street Analyst Weigh In

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

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DSV Trading Down 1.7%

The company’s fifty day moving average is $124.36 and its two-hundred day moving average is $126.87. The stock has a market cap of $56.78 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 0.87 and a beta of 1.18. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48.

DSV (OTCMKTS:DSDVY – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.15. The firm had revenue of $11.03 billion for the quarter, compared to analysts’ expectations of $10.89 billion. DSV had a net margin of 2.55% and a return on equity of 9.45%. On average, research analysts predict that DSV will post 5.05 EPS for the current fiscal year.

About DSV

(Get Free Report)

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.

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