DSV (OTCMKTS:DSDVY) Shares Gap Down – Should You Sell?

Shares of DSV (OTCMKTS:DSDVY) gapped down before the market opened on Wednesday . The stock had previously closed at $121.00, but opened at $115.81. DSV shares last traded at $116.08, with a volume of 911 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of DSV in a research report on Friday, May 1st. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research report on Friday, February 6th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

DSV Price Performance

The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. The stock has a market cap of $56.19 billion, a P/E ratio of 37.10, a P/E/G ratio of 0.85 and a beta of 1.19. The company’s 50 day simple moving average is $124.37 and its 200 day simple moving average is $125.52.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.15. The company had revenue of $11.03 billion for the quarter, compared to analysts’ expectations of $10.89 billion. DSV had a net margin of 2.55% and a return on equity of 9.45%. As a group, equities analysts forecast that DSV will post 5.24 earnings per share for the current 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.