DSV (OTCMKTS:DSDVY) Sets New 52-Week High – Time to Buy?

DSV (OTCMKTS:DSDVY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $127.53 and last traded at $127.53, with a volume of 35044 shares traded. The stock had previously closed at $123.98.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

DSV Stock Performance

The firm’s 50 day moving average price is $108.90 and its 200-day moving average price is $112.93. The firm has a market cap of $61.22 billion, a price-to-earnings ratio of 43.30, a P/E/G ratio of 1.65 and a beta of 1.34. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings results on Thursday, October 23rd. The company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.16. DSV had a net margin of 4.23% and a return on equity of 10.92%. The firm had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $11.38 billion. On average, analysts anticipate that DSV will post 3.97 earnings per share for the current year.

About DSV

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.