Stora Enso Oyj (OTCMKTS:SEOAY) reached a new 52-week low during trading on Wednesday . The company traded as low as $10.26 and last traded at $10.28, with a volume of 15333 shares. The stock had previously closed at $10.62.
A number of research firms recently commented on SEOAY. Goldman Sachs Group raised Stora Enso Oyj from a “neutral” rating to a “buy” rating in a report on Tuesday, April 23rd. ValuEngine cut Stora Enso Oyj from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Finally, Zacks Investment Research raised Stora Enso Oyj from a “sell” rating to a “hold” rating in a report on Thursday, June 13th.
The stock has a market capitalization of $8.13 billion, a price-to-earnings ratio of 6.52, a PEG ratio of 1.12 and a beta of 1.30. The firm has a fifty day moving average of $11.27. The company has a quick ratio of 0.85, a current ratio of 1.35 and a debt-to-equity ratio of 0.34.
About Stora Enso Oyj (OTCMKTS:SEOAY)
Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company operates through five divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops virgin fiber carton board used for packaging for liquid, food, pharmaceutical, and luxury goods.
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