Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Update

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 66,200 shares, an increase of 332.7% from the December 15th total of 15,300 shares. Based on an average trading volume of 361,300 shares, the short-interest ratio is presently 0.2 days.

Stora Enso Oyj Trading Up 0.8 %

Shares of SEOAY stock traded up $0.08 during trading hours on Monday, reaching $10.03. 162,703 shares of the stock were exchanged, compared to its average volume of 146,043. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 0.38. Stora Enso Oyj has a 12-month low of $9.43 and a 12-month high of $15.29. The firm has a market capitalization of $7.91 billion, a price-to-earnings ratio of -111.43 and a beta of 0.86. The company's 50-day moving average price is $10.19 and its 200-day moving average price is $11.71.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last announced its earnings results on Thursday, October 24th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.04). Stora Enso Oyj had a negative net margin of 0.75% and a negative return on equity of 2.72%. The business had revenue of $2.48 billion for the quarter. As a group, equities analysts anticipate that Stora Enso Oyj will post 0.46 earnings per share for the current year.

Stora Enso Oyj Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.1049 dividend. The ex-dividend date of this dividend was Friday, December 13th. Stora Enso Oyj's dividend payout ratio is presently -111.11%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Barclays upgraded Stora Enso Oyj from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, October 7th. BNP Paribas upgraded Stora Enso Oyj to a "hold" rating in a research report on Tuesday, October 15th.

Stora Enso Oyj Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.