Svenska Cellulosa SCA (STO:SCA-A) Share Price Passes Above 50-Day Moving Average of $87.80

Svenska Cellulosa SCA AB (STO:SCA-A)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $87.80 and traded as high as $92.60. Svenska Cellulosa SCA shares last traded at $91.70, with a volume of 23,017 shares traded.

The business has a 50 day simple moving average of SEK 87.80 and a 200 day simple moving average of SEK 90.74.

Svenska Cellulosa SCA Company Profile (STO:SCA-A)

Svenska Cellulosa SCA AB is a Sweden-based forest products company that develops solid-wood products, pulp, kraftliner, publication papers and renewable energy. The Company consists of five business units: Forest, Wood, Pulp, Paper, Renewable Energy, and supporting unit Sourcing & Logistics. The Forest unit comprises management of over two million hectares forestland, which is used for timber production.

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