Short Interest in DSV (OTCMKTS:DSDVY) Expands By 527.0%

DSV (OTCMKTS:DSDVY) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,041 shares, a growth of 527.0% from the June 15th total of 485 shares. Based on an average daily volume of 447,335 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Zacks Research downgraded DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research report on Friday, May 22nd. Finally, Citigroup reaffirmed a “buy” rating on shares of DSV in a report on Thursday. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

DSV Stock Performance

DSDVY traded up $0.51 during trading on Friday, reaching $127.11. 55,035 shares of the company’s stock were exchanged, compared to its average volume of 226,494. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. DSV has a 1 year low of $97.90 and a 1 year high of $151.98. The company’s fifty day simple moving average is $121.53 and its 200-day simple moving average is $127.39. The stock has a market capitalization of $61.12 billion, a P/E ratio of 40.35, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19.

DSV (OTCMKTS:DSDVY) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.15. DSV had a return on equity of 9.45% and a net margin of 2.55%.The business had revenue of $11.03 billion during the quarter, compared to analyst estimates of $10.89 billion. As a group, research analysts predict that DSV will post 4.99 earnings per share for the current fiscal year.

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.