Barclays upgraded shares of DS Smith (OTCMKTS:DITHF - Free Report) from a strong sell rating to a hold rating in a research report released on Monday,Zacks.com reports.
DS Smith Stock Performance
Shares of OTCMKTS DITHF remained flat at $6.25 during midday trading on Monday. 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 has a twelve month low of $3.21 and a twelve month high of $6.55. The business has a 50-day simple moving average of $6.18 and a 200-day simple moving average of $5.52.
DS Smith Announces Dividend
The firm also recently announced a dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 6th were paid a $12.00 dividend. This represents a dividend yield of 2.51%. The ex-dividend date of this dividend was Thursday, September 5th.
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.
Further Reading
Before you consider DS Smith, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DS Smith wasn't on the list.
While DS Smith currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
