DS Smith (OTCMKTS:DITHF) Trading Down 3.5% – Time to Sell?

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

Analyst Ratings Changes

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

DS Smith Trading Down 3.5 %

The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.86. The stock has a 50 day moving average price of $7.11 and a 200 day moving average price of $6.35.

DS Smith Cuts Dividend

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

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.