DS Smith Plc (LON:SMDS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 466.48 ($5.85) and traded as high as GBX 547.14 ($6.86). DS Smith shares last traded at GBX 546.50 ($6.85), with a volume of 334,166 shares traded.
Analysts Set New Price Targets
A number of brokerages have commented on SMDS. Jefferies Financial Group reiterated a "buy" rating and set a GBX 550 ($6.90) target price on shares of DS Smith in a report on Friday, December 6th. Stifel Nicolaus lowered DS Smith to a "hold" rating and decreased their price objective for the company from GBX 498 ($6.25) to GBX 480 ($6.02) in a research note on Wednesday, September 4th.
Check Out Our Latest Stock Report on SMDS
DS Smith Trading Up 1.6 %
The business's 50-day moving average price is GBX 535.75 and its two-hundred day moving average price is GBX 467.03. The firm has a market cap of £7.54 billion, a price-to-earnings ratio of 1,951.79, a price-to-earnings-growth ratio of 1.06 and a beta of 0.87. The company has a debt-to-equity ratio of 70.02, a current ratio of 0.86 and a quick ratio of 0.59.
DS Smith Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 6.20 ($0.08) per share. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, December 12th. DS Smith's dividend payout ratio is presently 6,428.57%.
About DS Smith
(
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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