DSV (OTCMKTS:DSDVY) Trading Down 8.6% – What’s Next?

DSV (OTCMKTS:DSDVY)’s share price traded down 8.6% during mid-day trading on Tuesday . The stock traded as low as $112.40 and last traded at $112.45. 1,190 shares were traded during mid-day trading, a decline of 98% from the average session volume of 58,032 shares. The stock had previously closed at $123.07.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Morgan Stanley reissued an “overweight” rating on shares of DSV in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research report on Thursday, January 15th. Finally, Citigroup reissued a “buy” rating on shares of DSV in a research report on Friday, May 1st. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

DSV Price Performance

The firm’s 50-day moving average price is $125.54 and its two-hundred day moving average price is $124.61. The stock has a market cap of $56.03 billion, a PE ratio of 36.99, a PEG ratio of 0.83 and a beta of 1.19. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48.

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 the consensus estimate of $0.77 by $0.15. DSV had a net margin of 2.55% and a return on equity of 9.45%. The firm had revenue of $11.03 billion during the quarter, compared to analysts’ expectations of $10.89 billion. On average, equities analysts expect that DSV will post 5.23 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.