DSV (OTCMKTS:DSDVY) Short Interest Update

DSV (OTCMKTS:DSDVY) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 485 shares, a decline of 73.8% from the May 31st total of 1,852 shares. Based on an average daily volume of 287,846 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

DSV Price Performance

OTCMKTS:DSDVY opened at $118.50 on Friday. DSV has a 52 week low of $97.90 and a 52 week high of $151.98. The firm has a market cap of $56.99 billion, a price-to-earnings ratio of 37.62, a P/E/G ratio of 0.88 and a beta of 1.18. The firm’s 50-day simple moving average is $122.96 and its 200 day simple moving average is $127.37. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.92 and a current ratio of 0.95.

DSV (OTCMKTS:DSDVY) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.15. The firm 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, sell-side analysts predict that DSV will post 4.99 earnings per share for the current year.

Analyst Ratings Changes

DSDVY has been the topic of a number of research reports. Citigroup reiterated a “buy” rating on shares of DSV in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a report on Friday, May 22nd. Finally, Zacks Research lowered DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

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.