DSV (OTCMKTS:DSDVY) Stock Price Down 0.3% – What’s Next?

DSV (OTCMKTS:DSDVY)’s share price was down 0.3% on Friday . The company traded as low as $118.14 and last traded at $119.07. Approximately 38,608 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 77,472 shares. The stock had previously closed at $119.3850.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

DSV Price Performance

The firm has a market cap of $57.26 billion, a P/E ratio of 40.50, a P/E/G ratio of 1.63 and a beta of 1.34. The company has a fifty day moving average of $107.61 and a 200-day moving average of $112.93. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95.

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

About DSV

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.