Stora Enso Oyj (OTCMKTS:SEOAY) Sets New 52-Week Low - Time to Sell?

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $9.35 and last traded at $9.44, with a volume of 256194 shares. The stock had previously closed at $9.78.

Stora Enso Oyj Price Performance

The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.39. The company's 50 day moving average is $10.69 and its 200-day moving average is $10.88. The stock has a market cap of $7.44 billion, a PE ratio of -59.00 and a beta of 0.86.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last announced its earnings results on Tuesday, February 11th. The basic materials company reported ($0.86) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.82) by ($0.04). Stora Enso Oyj had a negative return on equity of 3.97% and a negative net margin of 1.29%. As a group, sell-side analysts predict that Stora Enso Oyj will post 0.67 earnings per share for the current year.

Stora Enso Oyj Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.1348 per share. This is a boost from Stora Enso Oyj's previous dividend of $0.10. The ex-dividend date is Monday, March 24th. Stora Enso Oyj's dividend payout ratio is -62.50%.

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.