DSV (OTCMKTS:DSDVY) Sets New 1-Year High – Here’s What Happened

Shares of DSV (OTCMKTS:DSDVY) hit a new 52-week high on Wednesday . The company traded as high as $128.60 and last traded at $128.60, with a volume of 36630 shares trading hands. The stock had previously closed at $125.63.

Analyst Ratings Changes

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

DSV Stock Up 2.4%

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 0.98. The business’s 50 day moving average is $113.10 and its 200-day moving average is $113.25. The firm has a market capitalization of $61.84 billion, a price-to-earnings ratio of 43.74, a price-to-earnings-growth ratio of 1.74 and a beta of 1.34.

DSV (OTCMKTS:DSDVY) last released its earnings results on Thursday, October 23rd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.16. DSV had a return on equity of 10.92% and a net margin of 4.23%.The firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $11.38 billion. Equities analysts anticipate that DSV will post 3.97 EPS for the current fiscal year.

About DSV

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.