DS Smith (OTCMKTS:DITHF) Reaches New 1-Year High – Here’s What Happened

DS Smith Plc (OTCMKTS:DITHF) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $7.51 and last traded at $7.51, with a volume of 5847 shares changing hands. The stock had previously closed at $7.17.

Wall Street Analyst Weigh In

Separately, Barclays raised DS Smith from a “strong sell” rating to a “hold” rating in a research report on Monday, November 11th.

DS Smith Stock Up 4.8 %

The business’s fifty day simple moving average is $7.21 and its two-hundred day simple moving average is $6.42. The company has a quick ratio of 0.64, a current ratio of 0.86 and a debt-to-equity ratio of 0.52.

DS Smith Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 29th. Investors of record on Friday, December 13th will be given a dividend of $6.20 per share. This represents a yield of 3.16%. The ex-dividend date of this dividend is Thursday, December 12th.

DS Smith Company Profile

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.