DS Smith Plc (LON:SMDS - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 431.32 ($5.55) and traded as high as GBX 565 ($7.27). DS Smith shares last traded at GBX 562.50 ($7.24), with a volume of 4,394,204 shares changing hands.
Analyst Ratings Changes
Separately, Stifel Nicolaus downgraded DS Smith to a "hold" rating and decreased their target price for the stock from GBX 498 ($6.41) to GBX 480 ($6.18) in a research report on Wednesday, September 4th.
Read Our Latest Stock Report on SMDS
DS Smith Stock Performance
The firm's 50-day moving average price is GBX 483.52 and its two-hundred day moving average price is GBX 431.32. The company has a debt-to-equity ratio of 70.02, a quick ratio of 0.59 and a current ratio of 0.86. The firm has a market capitalization of £7.69 billion, a price-to-earnings ratio of 1,982.13, a price-to-earnings-growth ratio of 1.06 and a beta of 0.87.
Insiders Place Their Bets
In related news, insider Miles Roberts sold 96,348 shares of the business's stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 471 ($6.06), for a total value of £453,799.08 ($583,964.84). Company insiders own 6.11% of the company's stock.
DS Smith Company Profile
(
Get Free Report)
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.
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