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

DS Smith Plc (OTCMKTS:DITHF)’s share price reached a new 52-week high on Monday . The stock traded as high as $7.43 and last traded at $7.43, with a volume of 700 shares trading hands. The stock had previously closed at $6.25.

Analyst Ratings Changes

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

DS Smith Price Performance

The firm’s 50 day simple moving average is $6.29 and its 200 day simple moving average is $5.64. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.86.

DS Smith Announces Dividend

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

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.