DSV (OTCMKTS:DSDVY) Reaches New 1-Year High – Still a Buy?

DSV (OTCMKTS:DSDVY)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $141.61 and last traded at $141.14, with a volume of 28740 shares trading hands. The stock had previously closed at $140.12.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DSDVY. Morgan Stanley restated an “overweight” rating on shares of DSV in a report on Wednesday, January 7th. Zacks Research raised DSV from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

DSV Stock Performance

The stock has a 50 day moving average of $129.33 and a two-hundred day moving average of $116.20. The stock has a market capitalization of $69.77 billion, a PE ratio of 49.35, a P/E/G ratio of 1.46 and a beta of 1.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95.

DSV Company Profile

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.