DS Smith (LON:SMDS) Shares Pass Above 200 Day Moving Average of $316.29

DS Smith Plc (LON:SMDS) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 316.29 ($3.97) and traded as high as GBX 352.20 ($4.42). DS Smith shares last traded at GBX 351.60 ($4.42), with a volume of 25,513,347 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Numis Securities cut DS Smith to a “hold” rating and set a GBX 415 ($5.21) price objective for the company. in a report on Friday, April 19th.

DS Smith Price Performance

The company has a quick ratio of 0.59, a current ratio of 0.94 and a debt-to-equity ratio of 72.82. The firm has a market cap of £4.85 billion, a P/E ratio of 1,034.12, a PEG ratio of 1.06 and a beta of 0.92. The business has a fifty day moving average of GBX 359.09 and a 200 day moving average of GBX 316.29.

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.