Shares of DS Smith Plc (LON:SMDS - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 474 ($5.89) and traded as high as GBX 550.50 ($6.84). DS Smith shares last traded at GBX 548 ($6.81), with a volume of 3,084,469 shares.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group restated a "buy" rating and issued a GBX 550 ($6.83) price objective on shares of DS Smith in a research report on Friday, December 6th.
Check Out Our Latest Stock Report on DS Smith
DS Smith Stock Performance
The firm has a market capitalization of £7.54 billion, a price-to-earnings ratio of 1,952.36, a P/E/G ratio of 1.06 and a beta of 0.87. The company has a quick ratio of 0.59, a current ratio of 0.86 and a debt-to-equity ratio of 70.02. The stock's fifty day moving average is GBX 545.37 and its two-hundred day moving average is GBX 474.
DS Smith Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, January 29th. Investors of record on Thursday, December 12th will be paid a GBX 6.20 ($0.08) dividend. This represents a yield of 1.07%. The ex-dividend date of this dividend is Thursday, December 12th. DS Smith's dividend payout ratio (DPR) is presently 6,428.57%.
DS Smith Company Profile
(
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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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