DSV (OTCMKTS:DSDVY) Sets New 52-Week Low – Here’s What Happened

DSV (OTCMKTS:DSDVY)’s stock price reached a new 52-week low on Wednesday. The stock traded as low as $89.12 and last traded at $89.12, with a volume of 1511 shares changing hands. The stock had previously closed at $90.90.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DSDVY. Morgan Stanley reissued an “overweight” rating on shares of DSV in a research report on Thursday, July 23rd. Zacks Research raised shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Finally, Citigroup reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, DSV currently has a consensus rating of “Moderate Buy”.

DSV Trading Down 1.6%

The firm has a market capitalization of $43.02 billion, a price-to-earnings ratio of 27.19, a price-to-earnings-growth ratio of 0.73 and a beta of 1.19. The company has a fifty day moving average price of $103.06 and a 200-day moving average price of $116.33. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.38.

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.