DSV (OTCMKTS:DSDVY) Reaches New 52-Week High – Should You Buy?

DSV (OTCMKTS:DSDVY) hit a new 52-week high during trading on Wednesday . The company traded as high as $140.50 and last traded at $140.3120, with a volume of 47442 shares changing hands. The stock had previously closed at $138.87.

Wall Street Analyst Weigh In

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

DSV Trading Up 1.6%

The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $67.92 billion, a P/E ratio of 48.04, a P/E/G ratio of 1.44 and a beta of 1.32. The business’s fifty day simple moving average is $126.68 and its two-hundred day simple moving average is $115.60.

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.