Koninklijke DSM (OTCMKTS:RDSMY) Hits New 12-Month Low at $34.13

Koninklijke DSM (OTCMKTS:RDSMYGet Rating)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $34.13 and last traded at $34.47, with a volume of 159102 shares trading hands. The stock had previously closed at $35.98.

RDSMY has been the topic of several analyst reports. Societe Generale upgraded shares of Koninklijke DSM from a “hold” rating to a “buy” rating in a research report on Wednesday, February 23rd. Barclays reduced their price objective on shares of Koninklijke DSM from €189.00 ($198.95) to €188.00 ($197.89) in a research report on Wednesday, May 25th. Morgan Stanley reduced their price objective on shares of Koninklijke DSM from €166.00 ($174.74) to €155.00 ($163.16) and set an “equal weight” rating for the company in a research report on Monday, March 28th. Sanford C. Bernstein raised shares of Koninklijke DSM from a “market perform” rating to an “outperform” rating in a report on Tuesday, June 14th. Finally, UBS Group reduced their target price on shares of Koninklijke DSM from €190.00 ($200.00) to €185.00 ($194.74) and set a “buy” rating for the company in a report on Thursday, March 31st. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.50.

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.58 and a current ratio of 2.52. The stock’s 50 day simple moving average is $39.38 and its two-hundred day simple moving average is $45.25.

The firm also recently announced a dividend, which was paid on Friday, June 10th. Stockholders of record on Monday, May 16th were paid a $0.3593 dividend. This represents a dividend yield of 1.5%. The ex-dividend date was Friday, May 13th.

Koninklijke DSM Company Profile (OTCMKTS:RDSMY)

Koninklijke DSM N.V., a science-based company, engages in nutrition, health, and sustainable living businesses in the Netherlands, Switzerland, rest of Europe, North America, Latin America, China, rest of Asia, and internationally. It operates through Nutrition, Materials, and Innovation Center segments.

Featured Articles

Receive News & Ratings for Koninklijke DSM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke DSM and related companies with MarketBeat.com's FREE daily email newsletter.