DSV (OTCMKTS:DSDVY) Sees Strong Trading Volume – Should You Buy?

DSV (OTCMKTS:DSDVY) shares saw unusually-high trading volume on Monday. 86,031 shares traded hands during mid-day trading, a decline of 14% from the previous session’s volume of 100,379 shares. The stock last traded at $86.37 and had previously closed at $87.13.

Analyst Ratings Changes

A number of analysts have weighed in on DSDVY shares. Citigroup reissued a “buy” rating on shares of DSV in a report on Thursday, July 9th. Morgan Stanley reissued an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Finally, Zacks Research upgraded DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, DSV currently has a consensus rating of “Moderate Buy”.

DSV Trading Down 1.0%

The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $41.46 billion, a price-to-earnings ratio of 26.21, a price-to-earnings-growth ratio of 0.73 and a beta of 1.21. The company’s fifty day simple moving average is $99.70 and its two-hundred day simple moving average is $114.31.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company whose American depositary shares trade over the counter under the symbol DSDVY. The company provides supply chain services for businesses across a wide range of industries, coordinating the movement, storage and management of goods internationally.

Its principal activities include road, air, sea and rail freight transportation, contract logistics, warehousing, distribution, customs clearance and related supply chain management services.