DS Smith (OTCMKTS:DITHF) Upgraded by Barclays to Hold Rating

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

DS Smith Price Performance

DITHF stock remained flat at $6.25 during trading on Monday. The firm has a fifty day moving average price of $6.18 and a 200-day moving average price of $5.52. DS Smith has a 12-month low of $3.21 and a 12-month high of $6.55. 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. Investors of record on Friday, September 6th were issued a $12.00 dividend. This represents a yield of 2.51%. The ex-dividend date 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.