Short Interest in DSV (OTCMKTS:DSDVY) Drops By 73.8%

DSV (OTCMKTS:DSDVY – Get Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 485 shares, a decrease of 73.8% from the May 31st total of 1,852 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 287,846 shares, the short-interest ratio is currently 0.0 days.

DSV Price Performance

DSDVY opened at $118.50 on Monday. DSV has a 52-week low of $97.90 and a 52-week high of $151.98. The company has a market cap of $56.99 billion, a P/E ratio of 37.62, a P/E/G ratio of 0.86 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. The company has a 50 day moving average of $122.96 and a two-hundred day moving average of $127.42.

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DSV (OTCMKTS:DSDVY – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.77 by $0.15. The company had revenue of $11.03 billion for 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%. On average, analysts expect that DSV will post 4.99 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DSDVY. Zacks Research downgraded shares of DSV from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Citigroup restated a “buy” rating on shares of DSV in a research report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research report on Friday, May 22nd. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

View Our Latest Stock Report on DSV

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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