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DS Smith Plc (LON:SMDS - Get Rating) shares hit a new 52-week low during trading on Thursday following insider selling activity. The company traded as low as GBX 275.30 ($3.38) and last traded at GBX 276.60 ($3.39), with a volume of 2012858 shares traded. The stock had previously closed at GBX 292.40 ($3.59).Specifically, insider Adrian Marsh sold 10,000 shares of the business's stock in a transaction on Tuesday, June 28th. The stock was sold at an average price of GBX 296 ($3.63), for a total transaction of £29,600 ($36,314.56). Also, insider Geoffrey Drabble acquired 17,445 shares of the company's stock in a transaction that occurred on Thursday, June 23rd. The shares were acquired at an average price of GBX 287 ($3.52) per share, with a total value of £50,067.15 ($61,424.55).

Several research analysts have recently commented on the company. JPMorgan Chase & Co. reduced their price target on DS Smith from GBX 594 ($7.29) to GBX 500 ($6.13) and set an "overweight" rating for the company in a research report on Wednesday, June 22nd. Morgan Stanley reissued an "overweight" rating on shares of DS Smith in a research report on Wednesday, May 11th. Citigroup reissued a "buy" rating on shares of DS Smith in a research report on Thursday, April 7th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 510 ($6.26) price target on shares of DS Smith in a research report on Tuesday, May 24th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, DS Smith currently has an average rating of "Moderate Buy" and a consensus target price of GBX 496.71 ($6.09).

The company has a quick ratio of 0.57, a current ratio of 0.80 and a debt-to-equity ratio of 65.27. The stock has a market cap of £3.81 billion and a PE ratio of 15.81. The business has a 50 day moving average price of GBX 305.64 and a 200 day moving average price of GBX 337.43.

The business also recently announced a dividend, which will be paid on Tuesday, November 1st. Stockholders of record on Thursday, October 6th will be paid a GBX 10.20 ($0.13) dividend. This is an increase from DS Smith's previous dividend of $4.80. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 3.51%. DS Smith's dividend payout ratio is presently 0.65%.

About DS Smith (LON:SMDS)

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, online and e-retail, industrial, hazardous, multi-material, inserts and cushioning, and electrostatic discharge packaging products, as well as wrap arounds, trays, and bag-in-boxes; displays and promotional packaging products; corrugated pallets; Sheetfeeding products; packaging machine systems; and Sizzlepak, a stuffing material made of paper, folded in a zigzag shape, and cut into narrow strips, as well as provides outdoor advertising services.

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