DS Smith (LON:SMDS) Sets New 1-Year High at $401.80

DS Smith Plc (LON:SMDSGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 401.80 ($5.04) and last traded at GBX 400.60 ($5.03), with a volume of 5901014 shares. The stock had previously closed at GBX 395.80 ($4.97).

Analysts Set New Price Targets

Separately, Numis Securities reiterated a “buy” rating and issued a GBX 385 ($4.83) price target on shares of DS Smith in a report on Friday, March 8th.

View Our Latest Research Report on DS Smith

DS Smith Price Performance

The firm has a 50-day simple moving average of GBX 325.82 and a two-hundred day simple moving average of GBX 302.65. The company has a market capitalization of £5.53 billion, a price-to-earnings ratio of 1,175.79, a P/E/G ratio of 1.06 and a beta of 0.89. The company has a current ratio of 0.94, a quick ratio of 0.59 and a debt-to-equity ratio of 72.82.

DS Smith Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for DS Smith Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DS Smith and related companies with MarketBeat.com's FREE daily email newsletter.