DSV (OTCMKTS:DSDVY) Short Interest Down 81.0% in May

DSV (OTCMKTS:DSDVY) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,852 shares, a decrease of 81.0% from the May 14th total of 9,762 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 85,115 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research report on Friday, May 22nd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

DSV Stock Down 2.4%

Shares of DSV stock opened at $120.11 on Wednesday. DSV has a twelve month low of $97.90 and a twelve month high of $151.98. The stock has a market cap of $57.76 billion, a price-to-earnings ratio of 38.13, a price-to-earnings-growth ratio of 0.87 and a beta of 1.18. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48. The company has a fifty day moving average price of $124.36 and a 200 day moving average price of $126.87.

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

About DSV

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.