Sappi Limited (OTCMKTS:SPPJY - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.78 and traded as low as $2.70. Sappi shares last traded at $2.71, with a volume of 8,741 shares trading hands.
Sappi Trading Up 2.9 %
The business's fifty day moving average is $2.68 and its 200 day moving average is $2.78. The company has a current ratio of 1.55, a quick ratio of 0.87 and a debt-to-equity ratio of 0.61.
Sappi (OTCMKTS:SPPJY - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The basic materials company reported $0.09 EPS for the quarter. The firm had revenue of $1.37 billion for the quarter. Sappi had a negative net margin of 1.60% and a positive return on equity of 6.21%. On average, equities analysts predict that Sappi Limited will post 0.42 earnings per share for the current year.
About Sappi
(
Get Free Report)
Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.
Read More
Before you consider Sappi, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sappi wasn't on the list.
While Sappi currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
