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Sappi (OTCMKTS:SPPJY) Share Price Crosses Above 50 Day Moving Average - Should You Sell?

Sappi logo with Basic Materials background

Sappi Limited (OTCMKTS:SPPJY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.81 and traded as high as $3.00. Sappi shares last traded at $2.90, with a volume of 1,375 shares.

Sappi Trading Up 0.7 %

The business has a 50 day simple moving average of $2.81 and a 200 day simple moving average of $2.79. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.55 and a quick ratio of 0.87. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 96.70 and a beta of 1.07.

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.

Further Reading

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