DSV (OTCMKTS:DSDVY) Reaches New 52-Week High – Should You Buy?

DSV (OTCMKTS:DSDVY)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $127.53 and last traded at $127.53, with a volume of 35044 shares. The stock had previously closed at $123.98.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised DSV from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

DSV Stock Up 2.7%

The firm has a market capitalization of $61.22 billion, a price-to-earnings ratio of 43.30, a P/E/G ratio of 1.65 and a beta of 1.34. The firm has a fifty day moving average price of $108.90 and a 200 day moving average price of $112.93. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.53.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings results on Thursday, October 23rd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.16. The business had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $11.38 billion. DSV had a net margin of 4.23% and a return on equity of 10.92%. 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.