DS Smith (OTCMKTS:DITHF) Raised 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 released on Monday morning,Zacks.com reports.

DS Smith Price Performance

Shares of OTCMKTS DITHF remained flat at $6.25 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.64 and a debt-to-equity ratio of 0.52. DS Smith has a 1 year low of $3.21 and a 1 year high of $6.55. The stock has a 50-day moving average price of $6.18 and a 200 day moving average price of $5.52.

DS Smith Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 4th. Shareholders 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 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.