DS Smith (LON:SMDS) Sets New 12-Month High at $388.30

DS Smith Plc (LON:SMDS) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 388.30 ($4.91) and last traded at GBX 385.67 ($4.87), with a volume of 15710966 shares changing hands. The stock had previously closed at GBX 359.80 ($4.55).

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SMDS shares. Numis Securities reiterated a “buy” rating and set a GBX 385 ($4.87) price target on shares of DS Smith in a report on Friday, March 8th. Barclays raised DS Smith to an “overweight” rating and set a GBX 360 ($4.55) price target on the stock in a research note on Monday, December 4th.

DS Smith Price Performance

The stock has a market capitalization of £5.47 billion, a P/E ratio of 1,166.76, a price-to-earnings-growth ratio of 1.06 and a beta of 0.89. The business’s 50 day simple moving average is GBX 318.76 and its two-hundred day simple moving average is GBX 300.26. The company has a quick ratio of 0.59, a current ratio of 0.94 and a debt-to-equity ratio of 72.82.

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.