Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) announced its quarterly earnings results on Tuesday. The basic materials company reported ($0.86) EPS for the quarter, missing analysts' consensus estimates of ($0.82) by ($0.04), Zacks reports. Stora Enso Oyj had a negative return on equity of 2.72% and a negative net margin of 0.75%.
Stora Enso Oyj Stock Up 8.4 %
Shares of SEOAY stock traded up $0.87 during mid-day trading on Friday, hitting $11.26. The company's stock had a trading volume of 57,265 shares, compared to its average volume of 87,428. Stora Enso Oyj has a 52-week low of $9.43 and a 52-week high of $15.29. The business has a 50-day moving average price of $10.41 and a 200 day moving average price of $11.29. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.83 and a current ratio of 1.27. The stock has a market cap of $8.88 billion, a price-to-earnings ratio of -125.10 and a beta of 0.86.
Stora Enso Oyj Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.1049 dividend. The ex-dividend date was Friday, December 13th. Stora Enso Oyj's dividend payout ratio (DPR) is -68.75%.
About Stora Enso Oyj
(
Get Free Report)
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.
Featured Articles
Before you consider Stora Enso Oyj, 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 Stora Enso Oyj wasn't on the list.
While Stora Enso Oyj currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
