DS Smith (OTCMKTS:DITHF) Trading Down 3.5% – What’s Next?

DS Smith Plc (OTCMKTS:DITHF)’s stock price traded down 3.5% during mid-day trading on Friday . The stock traded as low as $7.17 and last traded at $7.17. 250 shares traded hands during trading, a decline of 94% from the average session volume of 3,914 shares. The stock had previously closed at $7.43.

Analyst Upgrades and Downgrades

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

DS Smith Price Performance

The company has a current ratio of 0.86, a quick ratio of 0.64 and a debt-to-equity ratio of 0.52. The business’s 50-day simple moving average is $7.11 and its two-hundred day simple moving average is $6.35.

DS Smith Cuts Dividend

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