DS Smith (OTCMKTS:DITHF) Upgraded at Barclays

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

DS Smith Stock Performance

OTCMKTS:DITHF remained flat at $6.25 during mid-day trading on Monday. The company has a quick ratio of 0.64, a current ratio of 0.86 and a debt-to-equity ratio of 0.52. The firm has a 50 day simple moving average of $6.18 and a two-hundred day simple moving average of $5.52. DS Smith has a 12-month low of $3.21 and a 12-month high of $6.55.

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 paid 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.

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.