DSV (OTCMKTS:DSDVY) Stock Gets Downgrade from Zacks Research

DSV (OTCMKTS:DSDVY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Monday, Zacks reports.

DSDVY has been the subject of several other research reports. Morgan Stanley reissued an “overweight” rating on shares of DSV in a research report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a report on Thursday, July 16th. Royal Bank Of Canada began coverage on DSV in a research report on Thursday, October 15th. They issued a “hold” rating on the stock. Finally, Citigroup reissued a “buy” rating on shares of DSV in a research report on Thursday, October 22nd. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

DSV Price Performance

Shares of DSV stock opened at $108.30 on Monday. The company has a market cap of $52.08 billion, a PE ratio of 27.42, a P/E/G ratio of 0.98 and a beta of 1.22. The business has a 50 day moving average of $96.93 and a 200 day moving average of $117.28. DSV has a 52 week low of $84.51 and a 52 week high of $151.98. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company. It provides freight forwarding and supply chain services across road, air and sea transportation, as well as contract logistics, warehousing, customs clearance and specialized project transportation.

The company serves businesses across a wide range of industries, including automotive, healthcare, technology, retail and manufacturing. Its international network supports the movement, storage and management of goods in markets throughout Europe, North and South America, Asia-Pacific, the Middle East and Africa.

DSV traces its history to 1976, when it was established in Denmark as a group of road-haulage companies.