DSV (OTCMKTS:DSDVY) Reaches New 12-Month Low – Here’s What Happened

DSV (OTCMKTS:DSDVY)’s stock price reached a new 52-week low during trading on Wednesday. The stock traded as low as $85.66 and last traded at $85.66, with a volume of 538 shares changing hands. The stock had previously closed at $87.35.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Finally, Zacks Research raised shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

DSV Stock Down 0.4%

The firm has a 50-day moving average of $100.12 and a two-hundred day moving average of $114.54. 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 $41.17 billion, a PE ratio of 26.02, a price-to-earnings-growth ratio of 0.69 and a beta of 1.21.

About DSV

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.