Suzano (NYSE:SUZ) Hits New 1-Year High at $12.98

Suzano S.A. (NYSE:SUZ - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as $12.98 and last traded at $12.86, with a volume of 268023 shares changing hands. The stock had previously closed at $12.82.

Suzano Trading Up 0.5 %

The company has a market capitalization of $17.05 billion, a PE ratio of 6.02 and a beta of 1.05. The company has a current ratio of 2.61, a quick ratio of 2.20 and a debt-to-equity ratio of 1.62. The stock has a fifty day moving average of $11.41 and a two-hundred day moving average of $11.04.

Suzano (NYSE:SUZ - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.70 earnings per share for the quarter, meeting analysts' consensus estimates of $0.70. The company had revenue of $2.09 billion for the quarter. Suzano had a return on equity of 33.35% and a net margin of 35.19%. As a group, sell-side analysts anticipate that Suzano S.A. will post 1.65 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Suzano

A number of large investors have recently modified their holdings of the company. US Bancorp DE raised its holdings in shares of Suzano by 14.7% during the 1st quarter. US Bancorp DE now owns 9,367 shares of the company's stock valued at $109,000 after buying an additional 1,200 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Suzano by 16.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,798 shares of the company's stock worth $100,000 after acquiring an additional 1,222 shares during the last quarter. Sei Investments Co. grew its position in Suzano by 11.9% during the 4th quarter. Sei Investments Co. now owns 11,894 shares of the company's stock worth $110,000 after acquiring an additional 1,262 shares during the last quarter. Quadrant Capital Group LLC grew its position in Suzano by 8.7% during the 4th quarter. Quadrant Capital Group LLC now owns 16,264 shares of the company's stock worth $185,000 after acquiring an additional 1,304 shares during the last quarter. Finally, Creative Planning grew its position in Suzano by 5.9% during the 3rd quarter. Creative Planning now owns 24,078 shares of the company's stock worth $259,000 after acquiring an additional 1,350 shares during the last quarter. 2.55% of the stock is owned by hedge funds and other institutional investors.


About Suzano

(Get Free Report)

Suzano SA produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials.

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