DSV (OTCMKTS:DSDVY) Hits New 12-Month Low – Here’s Why

DSV (OTCMKTS:DSDVY)’s share price hit a new 52-week low during trading on Wednesday. The company traded as low as $85.66 and last traded at $85.66, with a volume of 538 shares. The stock had previously closed at $87.35.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DSDVY. Zacks Research upgraded DSV from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. Morgan Stanley reissued 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 research note on Thursday, July 16th. Finally, Citigroup reiterated a “buy” rating on shares of DSV in a report on Thursday, July 9th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, DSV presently has a consensus rating of “Moderate Buy”.

DSV Stock Down 1.4%

The firm’s 50 day moving average price is $101.05 and its two-hundred day moving average price is $115.04. The company has a market capitalization of $41.14 billion, a P/E ratio of 26.00, a PEG ratio of 0.70 and a beta of 1.21. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.38.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company whose American depositary shares trade over the counter under the symbol DSDVY. The company provides supply chain services for businesses across a wide range of industries, coordinating the movement, storage and management of goods internationally.

Its principal activities include road, air, sea and rail freight transportation, contract logistics, warehousing, distribution, customs clearance and related supply chain management services.