Stora Enso Oyj (OTCMKTS:SEOAY) Upgraded at BNP Paribas

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) was upgraded by research analysts at BNP Paribas to a "hold" rating in a report released on Tuesday, Zacks.com reports.

Several other research firms have also issued reports on SEOAY. Barclays upgraded Stora Enso Oyj from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, October 7th. Citigroup upgraded Stora Enso Oyj from a "neutral" rating to a "buy" rating in a research report on Monday, July 1st.

Stora Enso Oyj Trading Down 3.3 %

Shares of SEOAY traded down $0.40 during trading hours on Tuesday, hitting $11.78. 63,090 shares of the stock traded hands, compared to its average volume of 33,766. The business has a fifty day moving average of $12.51 and a 200-day moving average of $13.28. The firm has a market capitalization of $9.29 billion, a PE ratio of -18.69, a price-to-earnings-growth ratio of 0.42 and a beta of 0.91. Stora Enso Oyj has a 1-year low of $11.19 and a 1-year high of $15.29. The company has a current ratio of 1.54, a quick ratio of 1.14 and a debt-to-equity ratio of 0.40.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The basic materials company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.01. Stora Enso Oyj had a negative net margin of 2.17% and a negative return on equity of 3.76%. The business had revenue of $2.48 billion during the quarter. Analysts expect that Stora Enso Oyj will post 0.6 EPS for the current year.

About Stora Enso Oyj

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.