DSV A/S (OTCMKTS:DSDVY) Shares Pass Below Fifty Day Moving Average of $102.03

Posted by Defense World Staff on Aug 17th, 2023

DSV A/S (OTCMKTS:DSDVY – Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $102.03 and traded as low as $95.36. DSV A/S shares last traded at $95.67, with a volume of 19,784 shares changing hands.

Analyst Upgrades and Downgrades

DSDVY has been the subject of several analyst reports. Handelsbanken initiated coverage on shares of DSV A/S in a research report on Tuesday, June 20th. They set a “market perform” rating for the company. Danske downgraded shares of DSV A/S from a “buy” rating to a “hold” rating in a research report on Wednesday, July 26th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $1,280.00.

View Our Latest Report on DSV A/S

DSV A/S Stock Up 0.2 %

The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 0.30. The company’s fifty day moving average is $101.99 and its 200-day moving average is $96.29. The company has a market cap of $41.90 billion, a PE ratio of 17.00, a PEG ratio of 3.12 and a beta of 1.35.

DSV A/S (OTCMKTS:DSDVY – Get Free Report) last issued its earnings results on Tuesday, July 25th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.06. DSV A/S had a net margin of 7.46% and a return on equity of 24.04%. The company had revenue of $5.51 billion for the quarter. On average, analysts predict that DSV A/S will post 4.43 EPS for the current year.

About DSV A/S

(Get Free Report)

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.

Receive News & Ratings for DSV A/S Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DSV A/S and related companies with MarketBeat.com's FREE daily email newsletter.