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

DSV (OTCMKTS:DSDVY) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $141.61 and last traded at $141.14, with a volume of 28740 shares changing hands. The stock had previously closed at $140.12.

Analyst Upgrades and Downgrades

A number of analysts have commented on DSDVY shares. Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research report on Thursday, January 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

DSV Price Performance

The firm has a market capitalization of $67.87 billion, a P/E ratio of 48.01, a P/E/G ratio of 1.45 and a beta of 1.31. The business’s fifty day moving average is $127.98 and its 200 day moving average is $115.83. 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 Company Profile

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.