DSV (OTCMKTS:DSDVY) Shares Gap Down – Should You Sell?

DSV (OTCMKTS:DSDVY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $121.00, but opened at $115.81. DSV shares last traded at $116.08, with a volume of 911 shares changing hands.

Analyst Upgrades and Downgrades

DSDVY has been the topic of several recent research reports. Citigroup reiterated a “buy” rating on shares of DSV in a report on Friday, May 1st. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a report on Friday, February 6th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, DSV presently has an average rating of “Moderate Buy”.

DSV Stock Up 2.1%

The firm has a 50 day simple moving average of $124.05 and a two-hundred day simple moving average of $125.69. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. The stock has a market cap of $57.57 billion, a price-to-earnings ratio of 38.00, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19.

DSV (OTCMKTS:DSDVY) last released its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.15. The firm had revenue of $11.03 billion for the quarter, compared to analyst estimates of $10.89 billion. DSV had a return on equity of 9.45% and a net margin of 2.55%. As a group, sell-side analysts expect that DSV will post 5.22 EPS for the current 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.