DSV (OTCMKTS:DSDVY) Sees Unusually-High Trading Volume – Should You Buy?

DSV (OTCMKTS:DSDVY) saw strong trading volume on Wednesday . 357,235 shares changed hands during mid-day trading, an increase of 452% from the previous session’s volume of 64,772 shares.The stock last traded at $118.8076 and had previously closed at $120.11.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DSDVY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research report on Friday, May 22nd. Citigroup restated a “buy” rating on shares of DSV in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

DSV Trading Up 5.5%

The stock has a market cap of $59.71 billion, a PE ratio of 39.42, a PEG ratio of 0.84 and a beta of 1.18. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.92 and a current ratio of 0.95. The stock has a fifty day moving average price of $124.49 and a 200 day moving average price of $127.07.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.15. The company had revenue of $11.03 billion during the quarter, compared to the consensus estimate of $10.89 billion. DSV had a return on equity of 9.45% and a net margin of 2.55%. Equities analysts expect that DSV will post 5.05 EPS for the current year.

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.