DS Smith (OTCMKTS:DITHF) Raised to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of DS Smith (OTCMKTS:DITHF) from a sell rating to a hold rating in a report issued on Tuesday, Zacks.com reports.

According to Zacks, “DS Smith Plc is a manufacturer of corrugated products primarily in Europe. The company’s division consists of paper, plastics, packaging and recycling. DS Smith Plc is headquartered in London, the United Kingdom. “

OTCMKTS:DITHF opened at $3.90 on Tuesday. The firm’s fifty day simple moving average is $4.36 and its 200 day simple moving average is $4.40. DS Smith has a twelve month low of $3.75 and a twelve month high of $6.42.

About DS Smith

DS Smith Plc designs and manufactures corrugated packaging and plastic packaging for consumer goods. It provides 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 packaging consultancy services.

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