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DS Smith (OTCMKTS:DITHF) Stock Price Down 3.5% - What's Next?

DS Smith logo with Basic Materials background

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

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of DS Smith from a "strong sell" rating to a "hold" rating in a report on Monday, November 11th.

Get Our Latest Stock Report on DITHF

DS Smith Trading Down 3.5 %

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

DS Smith Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Friday, December 13th will be given a dividend of $6.20 per share. This represents a yield of 3.16%. The ex-dividend date is Thursday, December 12th.

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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