DSV A/S (OTCMKTS:DSDVY) Reaches New 52-Week High - Here's What Happened

DSV A/S (OTCMKTS:DSDVY - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as $120.70 and last traded at $120.37, with a volume of 34554 shares. The stock had previously closed at $120.17.

Analysts Set New Price Targets

DSDVY has been the subject of several research reports. Citigroup downgraded shares of DSV A/S from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. The Goldman Sachs Group upgraded DSV A/S to a "strong-buy" rating in a research report on Friday, May 2nd.

DSV A/S Stock Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.27. The company has a market capitalization of $57.88 billion, a price-to-earnings ratio of 35.20, a P/E/G ratio of 1.28 and a beta of 1.23. The firm has a 50-day simple moving average of $100.67 and a two-hundred day simple moving average of $103.05.

DSV A/S (OTCMKTS:DSDVY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $6.35 billion during the quarter, compared to analyst estimates of $40.57 billion. DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. On average, sell-side analysts anticipate that DSV A/S will post 3.97 EPS for the current fiscal year.

DSV A/S Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were given a dividend of $0.4915 per share. The ex-dividend date was Monday, March 24th. This is a positive change from DSV A/S's previous dividend of $0.33. DSV A/S's dividend payout ratio is currently 8.72%.

About DSV A/S

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.