DSV (OTCMKTS:DSDVY) Sees Large Volume Increase – Still a Buy?

DSV (OTCMKTS:DSDVY) saw unusually-strong trading volume on Tuesday . 173,828 shares were traded during trading, an increase of 80% from the previous session’s volume of 96,318 shares.The stock last traded at $92.1770 and had previously closed at $92.63.

Wall Street Analyst Weigh In

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

DSV Stock Performance

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 firm’s 50 day simple moving average is $107.48 and its 200 day simple moving average is $117.84. The firm has a market capitalization of $43.78 billion, a price-to-earnings ratio of 27.67, a PEG ratio of 0.78 and a beta of 1.19.

About DSV

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.