DSV A/S (OTCMKTS:DSDVY) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Shares of DSV A/S (OTCMKTS:DSDVY - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $102.27 and traded as high as $104.16. DSV A/S shares last traded at $103.68, with a volume of 38,006 shares traded.

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 Price Performance

The company has a market capitalization of $50.33 billion, a P/E ratio of 30.60, a P/E/G ratio of 1.28 and a beta of 1.20. The business's 50-day simple moving average is $102.19 and its 200 day simple moving average is $103.89. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33.

DSV A/S (OTCMKTS:DSDVY - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.86 EPS for the quarter, missing analysts' consensus estimates of $0.98 by ($0.12). DSV A/S had a return on equity of 15.61% and a net margin of 6.06%. As a group, sell-side analysts anticipate that DSV A/S will post 3.97 EPS for the current year.

DSV A/S Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 24th will be issued a $0.4915 dividend. This is an increase from DSV A/S's previous dividend of $0.33. The ex-dividend date is Monday, March 24th. DSV A/S's payout ratio is presently 8.19%.

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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.