Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 66,200 shares, a growth of 332.7% from the December 31st total of 15,300 shares. Based on an average trading volume of 361,300 shares, the short-interest ratio is currently 0.2 days.
Stora Enso Oyj Price Performance
OTCMKTS SEOAY traded up $0.21 on Friday, reaching $11.27. The company had a trading volume of 37,046 shares, compared to its average volume of 104,315. The stock has a market capitalization of $8.89 billion, a PE ratio of -125.21 and a beta of 0.86. The firm's 50 day moving average price is $10.23 and its 200 day moving average price is $11.47. The company has a quick ratio of 0.83, a current ratio of 1.27 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.
Stora Enso Oyj Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a dividend of $0.1049 per share. The ex-dividend date of this dividend was Friday, December 13th.
Wall Street Analyst Weigh In
SEOAY has been the topic of several analyst reports. BNP Paribas upgraded Stora Enso Oyj to a "hold" rating in a research report on Tuesday, October 15th. Barclays raised shares of Stora Enso Oyj from a "strong sell" rating to a "strong-buy" rating in a report on Monday, October 7th.
Read Our Latest Report on Stora Enso Oyj
About Stora Enso Oyj
(
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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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