DS Smith Plc (LON:SMDS - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 419.51 ($5.44) and traded as high as GBX 479.54 ($6.22). DS Smith shares last traded at GBX 477.40 ($6.19), with a volume of 2,789,752 shares traded.
Analysts Set New Price Targets
Separately, Stifel Nicolaus lowered DS Smith to a "hold" rating and reduced their price objective for the company from GBX 498 ($6.46) to GBX 480 ($6.22) in a research report on Wednesday, September 4th.
Read Our Latest Analysis on DS Smith
DS Smith Trading Down 2.1 %
The firm has a 50-day moving average of GBX 465.64 and a 200 day moving average of GBX 419.51. The company has a current ratio of 0.86, a quick ratio of 0.59 and a debt-to-equity ratio of 70.02. The stock has a market capitalization of £6.44 billion, a price-to-earnings ratio of 1,702.86, a PEG ratio of 1.06 and a beta of 0.87.
Insiders Place Their Bets
In related news, insider Miles Roberts sold 96,348 shares of DS Smith stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 471 ($6.11), for a total transaction of £453,799.08 ($588,508.73). 6.11% of the stock is currently owned by insiders.
DS Smith Company Profile
(
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.
Featured Stories
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 "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
