DSV (OTCMKTS:DSDVY) Sees Large Volume Increase – Should You Buy?

DSV (OTCMKTS:DSDVY) saw strong trading volume on Monday . Approximately 399,911 shares were traded during mid-day trading, an increase of 378% from the previous session’s volume of 83,672 shares.The stock last traded at $117.27 and had previously closed at $116.93.

Analysts Set New Price Targets

Several research firms recently weighed in on DSDVY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a report on Friday, May 22nd. Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Friday, May 1st. Four equities research 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, the company currently has a consensus rating of “Moderate Buy”.

DSV Stock Performance

The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48. The business has a 50 day simple moving average of $124.16 and a two-hundred day simple moving average of $127.45. The firm has a market cap of $56.44 billion, a PE ratio of 37.26, a price-to-earnings-growth ratio of 0.84 and a beta of 1.18.

DSV (OTCMKTS:DSDVY) last issued its earnings results 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 analyst estimates of $10.89 billion. DSV had a net margin of 2.55% and a return on equity of 9.45%. As a group, equities research analysts forecast that DSV will post 5.03 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.