DSV (OTCMKTS:DSDVY) Sets New 1-Year Low – Here’s Why

DSV (OTCMKTS:DSDVY) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $92.19 and last traded at $92.19, with a volume of 25122 shares trading hands. The stock had previously closed at $97.84.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a report on Thursday, July 16th. Morgan Stanley reissued an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Finally, Zacks Research lowered shares of DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

DSV Stock Down 5.7%

The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.94 and a current ratio of 0.97. The business’s 50 day moving average is $108.17 and its 200-day moving average is $118.07. The firm has a market capitalization of $44.36 billion, a price-to-earnings ratio of 28.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.19.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company that provides supply chain services for businesses worldwide. Its offerings include road, air and sea freight, rail transportation, contract logistics, warehousing, customs clearance and related supply chain management services.

The company serves customers across a broad range of industries, including automotive, healthcare, technology, energy, retail and industrial manufacturing. DSV manages transportation and logistics activities across Europe, North America, Asia-Pacific, Latin America, the Middle East and Africa.

DSV was founded in Denmark in 1976 by a group of nine independent hauliers.