DSV (OTCMKTS:DSDVY) Sees Large Drop in Short Interest

DSV (OTCMKTS:DSDVY) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 12,343 shares, a decline of 73.0% from the December 15th total of 45,675 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 86,208 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 86,208 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

DSV Stock Performance

Shares of OTCMKTS:DSDVY opened at $134.38 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95. The business’s fifty day moving average price is $119.86 and its two-hundred day moving average price is $114.06. DSV has a fifty-two week low of $77.78 and a fifty-two week high of $135.14. The stock has a market capitalization of $64.62 billion, a price-to-earnings ratio of 45.71, a price-to-earnings-growth ratio of 1.36 and a beta of 1.32.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings data on Thursday, October 23rd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.16. DSV had a return on equity of 10.92% and a net margin of 4.23%.The company had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $11.38 billion. As a group, analysts predict that DSV will post 3.97 EPS for the current fiscal year.

Analysts Set New Price Targets

DSDVY has been the topic of a number of recent research reports. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research note on Wednesday, January 7th. Zacks Research raised shares of DSV from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

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.