Zacks Investment Research Lowers DSV AS/ADR (OTCMKTS:DSDVY) to Hold

Zacks Investment Research downgraded shares of DSV AS/ADR (OTCMKTS:DSDVY) from a buy rating to a hold rating in a report released on Monday, Zacks.com reports.

According to Zacks, “DSV A/S provides transport and logistics services. It offers truck, ship and plane transport services as well as warehousing and logistic services. The company also provides shipment booking, pick-up, custom clearance, cargo consolidation, document and insurance services as well as warehousing, picking/packaging, distribution, supply chain management and order planning services. It operates primarily in Europe, the Middle East, Africa, North and South America, Asia, Australia and the Pacific. DSV A/S is headquartered in Hedehusene, Denmark. “

Separately, ValuEngine downgraded DSV AS/ADR from a hold rating to a sell rating in a research note on Monday, October 7th.

OTCMKTS DSDVY traded up $0.15 during mid-day trading on Monday, hitting $55.13. The stock had a trading volume of 22,755 shares, compared to its average volume of 30,378. The firm’s 50 day moving average is $48.94 and its 200 day moving average is $47.64. DSV AS/ADR has a twelve month low of $32.10 and a twelve month high of $55.19. The stock has a market capitalization of $20.31 billion, a price-to-earnings ratio of 31.50, a PEG ratio of 2.02 and a beta of 1.37.

About DSV AS/ADR

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

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