DSV (OTCMKTS:DSDVY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of DSV (OTCMKTS:DSDVY) saw strong trading volume on Friday . 128,495 shares changed hands during mid-day trading, an increase of 39% from the previous session’s volume of 92,553 shares.The stock last traded at $110.80 and had previously closed at $107.34.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Zacks Research downgraded DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Morgan Stanley reissued an “overweight” rating on shares of DSV in a report on Thursday. Citigroup restated a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a report on Thursday, July 16th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

DSV Stock Performance

The company has a 50 day moving average price of $122.08 and a 200-day moving average price of $127.23. The company has a current ratio of 0.97, a quick ratio of 0.92 and a debt-to-equity ratio of 0.38. The company has a market cap of $53.25 billion, a P/E ratio of 35.16, a price-to-earnings-growth ratio of 0.82 and a beta of 1.19.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.15. The business had revenue of $11.03 billion during the quarter, compared to the consensus estimate of $10.89 billion. DSV had a return on equity of 9.38% and a net margin of 2.41%. On average, equities analysts expect that DSV will post 4.86 earnings per share for the current fiscal 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.