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

DSV (OTCMKTS:DSDVY)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $97.3350 and last traded at $97.3350, with a volume of 863 shares traded. The stock had previously closed at $100.16.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DSDVY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Citigroup restated a “buy” rating on shares of DSV in a report on Thursday, July 9th. Zacks Research cut DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, DSV currently has an average rating of “Moderate Buy”.

DSV Stock Performance

The stock’s 50-day moving average price is $110.47 and its 200 day moving average price is $118.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.97 and a quick ratio of 0.94. The firm has a market cap of $46.89 billion, a P/E ratio of 29.64, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19.

DSV Company Profile

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.