Suzano (NYSE:SUZ) Sees Large Volume Increase

Suzano S.A. (NYSE:SUZ - Get Free Report) shares saw strong trading volume on Thursday . 3,974,491 shares were traded during trading, an increase of 126% from the previous session's volume of 1,758,218 shares.The stock last traded at $10.06 and had previously closed at $9.84.

Suzano Price Performance

The company has a current ratio of 2.89, a quick ratio of 2.36 and a debt-to-equity ratio of 1.65. The business's 50-day simple moving average is $11.80 and its two-hundred day simple moving average is $11.18. The firm has a market cap of $13.37 billion, a price-to-earnings ratio of 7.03 and a beta of 1.10.

Suzano (NYSE:SUZ - Get Free Report) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $1.91 billion during the quarter. Suzano had a net margin of 23.84% and a return on equity of 20.82%. During the same quarter last year, the company earned $0.76 earnings per share. As a group, research analysts expect that Suzano S.A. will post 10.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. grew its stake in Suzano by 16.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,798 shares of the company's stock worth $100,000 after purchasing an additional 1,222 shares during the period. Quadrant Capital Group LLC increased its stake in shares of Suzano by 8.7% in the 4th quarter. Quadrant Capital Group LLC now owns 16,264 shares of the company's stock valued at $185,000 after acquiring an additional 1,304 shares in the last quarter. First Trust Direct Indexing L.P. increased its stake in shares of Suzano by 6.7% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 21,727 shares of the company's stock valued at $234,000 after acquiring an additional 1,365 shares in the last quarter. QRG Capital Management Inc. boosted its stake in Suzano by 18.0% during the fourth quarter. QRG Capital Management Inc. now owns 15,119 shares of the company's stock worth $172,000 after acquiring an additional 2,305 shares in the last quarter. Finally, Advisor Partners II LLC grew its holdings in Suzano by 23.9% in the third quarter. Advisor Partners II LLC now owns 12,862 shares of the company's stock worth $138,000 after purchasing an additional 2,479 shares during the period. 2.55% of the stock is owned by institutional investors and hedge funds.

About Suzano

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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