DSV (OTCMKTS:DSDVY) Reaches New 52-Week Low – Here’s What Happened

Shares of DSV (OTCMKTS:DSDVY) hit a new 52-week low during trading on Wednesday. The company traded as low as $85.66 and last traded at $85.66, with a volume of 538 shares trading hands. The stock had previously closed at $87.35.

Wall Street Analysts Forecast Growth

DSDVY has been the topic of a number of research analyst reports. Citigroup reaffirmed a “buy” rating on shares of DSV in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Finally, Zacks Research upgraded DSV from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

DSV Trading Down 1.4%

The firm has a market capitalization of $41.14 billion, a P/E ratio of 26.00, a PEG ratio of 0.70 and a beta of 1.21. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $101.05 and a 200-day moving average of $115.04.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company whose American depositary shares trade over the counter under the symbol DSDVY. The company provides supply chain services for businesses across a wide range of industries, coordinating the movement, storage and management of goods internationally.

Its principal activities include road, air, sea and rail freight transportation, contract logistics, warehousing, distribution, customs clearance and related supply chain management services.