DSV (OTCMKTS:DSDVY) Sees Strong Trading Volume – Time to Buy?

Shares of DSV (OTCMKTS:DSDVY) saw unusually-strong trading volume on Tuesday . 397,334 shares were traded during trading, an increase of 437% from the previous session’s volume of 73,954 shares.The stock last traded at $121.41 and had previously closed at $122.60.

Analyst Upgrades and Downgrades

DSDVY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research note on Friday, May 22nd. Citigroup reaffirmed a “buy” rating on shares of DSV in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, DSV currently has a consensus rating of “Moderate Buy”.

DSV Stock Performance

The stock has a 50 day moving average of $124.49 and a 200 day moving average of $127.42. The company has a market capitalization of $55.97 billion, a price-to-earnings ratio of 36.95, a price-to-earnings-growth ratio of 0.86 and a beta of 1.18. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48.

DSV (OTCMKTS:DSDVY) last released its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.15. The business had revenue of $11.03 billion during the quarter, compared to the consensus estimate of $10.89 billion. DSV had a net margin of 2.55% and a return on equity of 9.45%. As a group, analysts predict that DSV will post 5.05 EPS for the current year.

DSV Company Profile

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.