Barclays Downgrades DS Smith (OTCMKTS:DITHF) to Strong Sell

DS Smith (OTCMKTS:DITHF) was downgraded by analysts at Barclays from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday, Zacks.com reports.

DS Smith Price Performance

DITHF stock opened at $6.25 on Monday. The firm has a 50-day moving average of $6.03 and a 200 day moving average of $5.30. DS Smith has a 1 year low of $3.21 and a 1 year high of $6.55. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.86 and a quick ratio of 0.64.

DS Smith Company Profile

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.