DSV (OTCMKTS:DSDVY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research cut shares of DSV (OTCMKTS:DSDVY – Free Report) from a hold rating to a strong sell rating in a research note issued to investors on Monday,Zacks reports.

Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research report on Thursday, July 23rd. Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, October 22nd. Finally, Royal Bank Of Canada started coverage on shares of DSV in a research report on Thursday, October 15th. They set a “hold” rating for the company. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Read Our Latest Report on DSV

DSV Price Performance

OTCMKTS:DSDVY opened at $108.30 on Monday. DSV has a 52 week low of $84.51 and a 52 week high of $151.98. The stock’s fifty day moving average is $96.93 and its two-hundred day moving average is $117.28. The company has a market capitalization of $52.08 billion, a P/E ratio of 32.23, a P/E/G ratio of 0.98 and a beta of 1.22. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38.

DSV Company Profile

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DSV A/S is a Denmark-based global transport and logistics company. It provides freight forwarding and supply chain services across road, air and sea transportation, as well as contract logistics, warehousing, customs clearance and specialized project transportation.

The company serves businesses across a wide range of industries, including automotive, healthcare, technology, retail and manufacturing. Its international network supports the movement, storage and management of goods in markets throughout Europe, North and South America, Asia-Pacific, the Middle East and Africa.

DSV traces its history to 1976, when it was established in Denmark as a group of road-haulage companies.

Further Reading

Analyst Recommendations for DSV (OTCMKTS:DSDVY)

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