DSV A/S (OTCMKTS:DSDVY) Shares Up 1.4% – Here’s Why

DSV A/S (OTCMKTS:DSDVY) shares shot up 1.4% during mid-day trading on Friday . The stock traded as high as $107.23 and last traded at $107.22. 53,649 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 70,424 shares. The stock had previously closed at $105.71.

Analyst Ratings Changes

Separately, BNP Paribas upgraded shares of DSV A/S to a “strong-buy” rating in a research report on Monday, November 18th.

DSV A/S Stock Performance

The stock’s 50-day moving average is $107.19 and its 200 day moving average is $98.82. The stock has a market cap of $51.56 billion, a price-to-earnings ratio of 28.67, a P/E/G ratio of 2.16 and a beta of 1.20. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.27 and a quick ratio of 1.18.

DSV A/S (OTCMKTS:DSDVY) last issued its earnings results on Wednesday, October 23rd. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.07. DSV A/S had a return on equity of 15.98% and a net margin of 6.75%. The business had revenue of $6.50 billion during the quarter. As a group, analysts predict that DSV A/S will post 3.88 earnings per share for the current fiscal year.

DSV A/S Company Profile

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.