DS Smith (LON:SMDS) Hits New 12-Month High – What’s Next?

DS Smith Plc (LON:SMDS) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 596.50 ($7.48) and last traded at GBX 596.50 ($7.48), with a volume of 7372010 shares. The stock had previously closed at GBX 583 ($7.31).

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus cut DS Smith to a “hold” rating and decreased their price target for the company from GBX 498 ($6.24) to GBX 480 ($6.02) in a research report on Wednesday, September 4th.

DS Smith Trading Up 1.8 %

The stock has a market cap of £8.19 billion, a PE ratio of 2,119.64, a PEG ratio of 1.06 and a beta of 0.87. The company has a current ratio of 0.86, a quick ratio of 0.59 and a debt-to-equity ratio of 70.02. The firm has a fifty day simple moving average of GBX 494.71 and a two-hundred day simple moving average of GBX 439.35.

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.