DSV A/S (OTCMKTS:DSDVY) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Shares of DSV A/S (OTCMKTS:DSDVY) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $101.49 and traded as low as $93.73. DSV A/S shares last traded at $94.54, with a volume of 42,256 shares traded.

DSV A/S Trading Down 8.5 %

The stock has a market cap of $41.58 billion, a P/E ratio of 25.28, a price-to-earnings-growth ratio of 1.28 and a beta of 1.23. The company has a quick ratio of 1.18, a current ratio of 1.27 and a debt-to-equity ratio of 0.33. The firm’s 50 day simple moving average is $101.15 and its two-hundred day simple moving average is $104.75.

DSV A/S (OTCMKTS:DSDVY) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.86 earnings per share 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, equities research analysts predict that DSV A/S will post 3.97 earnings per share for the current fiscal year.

DSV A/S Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 24th will be given a $0.4915 dividend. The ex-dividend date is Monday, March 24th. This is a boost from DSV A/S’s previous dividend of $0.33. DSV A/S’s payout ratio is 8.77%.

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.