DSV (DSDVY) Posts Quarterly Earnings Results, Hits Expectations

DSV (OTCMKTS:DSDVY) posted its quarterly earnings results on Thursday. The company reported $0.38 earnings per share for the quarter, hitting the consensus estimate of $0.38, Morningstar.com reports.

DSV (OTCMKTS:DSDVY) traded down $0.22 during trading on Friday, hitting $37.83. The company had a trading volume of 833 shares, compared to its average volume of 29,694. The company has a current ratio of 1.24, a quick ratio of 1.10 and a debt-to-equity ratio of 0.50. DSV has a 52 week low of $24.24 and a 52 week high of $41.61.

Separately, Zacks Investment Research upgraded DSV from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Thursday.

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DSV Company Profile

DSV A/S provides transport and logistics services in Europe, the Middle East, Africa, North America and South America, Asia, Australia, and the Pacific. It operates in three divisions: DSV Air & Sea, DSV Road, and DSV Solutions. The company offers air and sea freight services, and standard and industry-specific logistics solutions.

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