DSV A/S (OTCMKTS:DSDVY) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

DSV A/S (OTCMKTS:DSDVY)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $103.44 and traded as low as $101.01. DSV A/S shares last traded at $101.30, with a volume of 67,131 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas raised shares of DSV A/S to a “strong-buy” rating in a research report on Monday, November 18th.

DSV A/S Price Performance

The company has a market cap of $48.71 billion, a P/E ratio of 29.62, a P/E/G ratio of 1.27 and a beta of 1.18. The company’s 50-day moving average price is $103.44 and its two-hundred day moving average price is $102.79. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33.

DSV A/S (OTCMKTS:DSDVY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.12). DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. As a group, sell-side analysts expect that DSV A/S will post 3.97 earnings per share for the current year.

DSV A/S Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.