Shares of Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) were down 1.7% on Tuesday . The company traded as low as $10.24 and last traded at $10.31. Approximately 125,007 shares traded hands during trading, an increase of 144% from the average daily volume of 51,255 shares. The stock had previously closed at $10.49.
Analysts Set New Price Targets
SEOAY has been the subject of a number of analyst reports. Barclays upgraded shares of Stora Enso Oyj from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, October 7th. BNP Paribas upgraded Stora Enso Oyj to a "hold" rating in a research report on Tuesday, October 15th.
Read Our Latest Report on SEOAY
Stora Enso Oyj Stock Up 1.0 %
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 company has a market cap of $8.21 billion, a P/E ratio of -115.65 and a beta of 0.88. The firm's 50-day simple moving average is $11.09 and its 200 day simple moving average is $12.33.
Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The basic materials company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $2.48 billion during the quarter. On average, research analysts forecast that Stora Enso Oyj will post 0.46 earnings per share for the current fiscal year.
Stora Enso Oyj Company Profile
(
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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