Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.80 and traded as low as $10.67. Stora Enso Oyj shares last traded at $10.76, with a volume of 35,798 shares changing hands.
Stora Enso Oyj Trading Up 1.5 %
The business's 50-day moving average is $10.80 and its two-hundred day moving average is $11.08. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.83 and a current ratio of 1.12. The stock has a market capitalization of $8.61 billion, a PE ratio of -68.25 and a beta of 0.86.
Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported ($0.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.82) by ($0.04). Stora Enso Oyj had a negative net margin of 1.29% and a negative return on equity of 3.97%. As a group, equities research analysts anticipate that Stora Enso Oyj will post 0.67 earnings per share for the current year.
Stora Enso Oyj Increases Dividend
The business also recently announced a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 24th will be given a dividend of $0.1348 per share. This is a positive change from Stora Enso Oyj's previous dividend of $0.10. The ex-dividend date is Monday, March 24th. Stora Enso Oyj's payout ratio is presently -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.
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