DSV (OTCMKTS:DSDVY) Hits New 1-Year Low – What’s Next?

DSV (OTCMKTS:DSDVY)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $97.3350 and last traded at $97.3350, with a volume of 863 shares trading hands. The stock had previously closed at $100.16.

Analysts Set New Price Targets

Several research firms have recently issued reports on DSDVY. Citigroup restated a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Zacks Research lowered DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a report on Thursday, July 16th. Finally, Morgan Stanley restated an “overweight” rating on shares of DSV in a research report on Thursday, July 23rd. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

DSV Trading Down 2.0%

The business has a 50 day simple moving average of $110.47 and a 200-day simple moving average of $118.95. The stock has a market capitalization of $46.89 billion, a price-to-earnings ratio of 29.64, a PEG ratio of 0.81 and a beta of 1.19. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.97 and a quick ratio of 0.94.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company that provides supply chain services for businesses worldwide. Its offerings include road, air and sea freight, rail transportation, contract logistics, warehousing, customs clearance and related supply chain management services.

The company serves customers across a broad range of industries, including automotive, healthcare, technology, energy, retail and industrial manufacturing. DSV manages transportation and logistics activities across Europe, North America, Asia-Pacific, Latin America, the Middle East and Africa.

DSV was founded in Denmark in 1976 by a group of nine independent hauliers.