DS Smith (OTCMKTS:DITHF) Hits New 12-Month High – Time to Buy?

DS Smith Plc (OTCMKTS:DITHF) hit a new 52-week high on Monday . The company traded as high as $7.43 and last traded at $7.43, with a volume of 700 shares traded. The stock had previously closed at $6.25.

Analyst Ratings Changes

Separately, Barclays upgraded DS Smith from a “strong sell” rating to a “hold” rating in a research note on Monday, November 11th.

DS Smith Price Performance

The firm’s 50 day moving average is $6.29 and its 200 day moving average is $5.64. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.86.

DS Smith Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 6th were issued a dividend of $12.00 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a dividend yield of 2.51%.

About DS Smith

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.