DSV (OTCMKTS:DSDVY) Sets New 52-Week Low – Time to Sell?

DSV (OTCMKTS:DSDVY)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $92.19 and last traded at $92.19, with a volume of 25122 shares traded. The stock had previously closed at $97.84.

Analysts Set New Price Targets

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

DSV Stock Down 5.7%

The firm has a market cap of $44.36 billion, a price-to-earnings ratio of 28.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.19. The stock’s 50 day moving average is $108.17 and its 200 day moving average is $118.07. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38.

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.