Shares of DS Smith Plc (LON:SMDS - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 407.45 ($5.45) and traded as high as GBX 469.60 ($6.28). DS Smith shares last traded at GBX 466.20 ($6.24), with a volume of 3,284,997 shares traded.
Analyst Ratings Changes
A number of equities analysts recently weighed in on SMDS shares. Stifel Nicolaus cut shares of DS Smith to a "hold" rating and lowered their price objective for the stock from GBX 498 ($6.66) to GBX 480 ($6.42) in a research report on Wednesday, September 4th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 400 ($5.35) price objective on shares of DS Smith in a research note on Wednesday, June 12th.
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DS Smith Stock Performance
The stock has a fifty day moving average of GBX 460.09 and a 200-day moving average of GBX 408.34. 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 has a market capitalization of £6.38 billion, a PE ratio of 1,651.43, a price-to-earnings-growth ratio of 1.06 and a beta of 0.87.
Insider Buying and Selling
In other DS Smith news, insider Miles Roberts sold 96,348 shares of the firm's stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of GBX 471 ($6.30), for a total value of £453,799.08 ($607,007.87). Insiders own 6.11% of the company's stock.
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.
Further Reading
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