DS Smith Plc (LON:SMDS - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 401.80 ($5.04) and last traded at GBX 400.60 ($5.03), with a volume of 5901014 shares trading hands. The stock had previously closed at GBX 395.80 ($4.97).
Analyst Upgrades and Downgrades
Separately, Numis Securities reiterated a "buy" rating and issued a GBX 385 ($4.83) price objective on shares of DS Smith in a research report on Friday, March 8th.
View Our Latest Research Report on DS Smith
DS Smith Price Performance
The stock's 50 day simple moving average is GBX 328.15 and its two-hundred day simple moving average is GBX 303.34. The firm has a market cap of £5.54 billion, a P/E ratio of 1,178.24, a P/E/G ratio of 1.06 and a beta of 0.89. The company has a debt-to-equity ratio of 72.82, a current ratio of 0.94 and a quick ratio of 0.59.
About DS Smith
(
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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.
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