DS Smith (OTCMKTS:DITHF) Rating Lowered to Strong Sell at Barclays

Barclays lowered shares of DS Smith (OTCMKTS:DITHF) from a hold rating to a strong sell rating in a research report released on Monday, Zacks.com reports.

DS Smith Price Performance

Shares of DS Smith stock opened at $6.25 on Monday. The firm’s fifty day simple moving average is $6.05 and its 200-day simple moving average is $5.31. 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 has a 12 month low of $3.21 and a 12 month high of $6.55.

DS Smith Announces Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 6th were issued a dividend of $12.00 per share. This represents a dividend yield of 2.51%. The ex-dividend date was Thursday, September 5th.

About DS Smith

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.