DS Smith (OTCMKTS:DITHF) Upgraded to “Hold” at Barclays

Barclays upgraded shares of DS Smith (OTCMKTS:DITHF) from a strong sell rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

DS Smith Price Performance

Shares of DITHF stock remained flat at $6.25 during mid-day trading on Monday. The company has a fifty day moving average price of $6.18 and a 200-day moving average price of $5.52. 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 has a 52-week low of $3.21 and a 52-week high of $6.55.

DS Smith Dividend Announcement

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

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.