Sappi (OTCMKTS:SPPJY) Reaches New 52-Week High at $2.80

Sappi Limited (OTCMKTS:SPPJY - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $2.80 and last traded at $2.73, with a volume of 1609 shares trading hands. The stock had previously closed at $2.65.

Sappi Stock Performance

The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 2.94, a price-to-earnings-growth ratio of 0.56 and a beta of 1.20. The company has a current ratio of 1.27, a quick ratio of 0.75 and a debt-to-equity ratio of 0.59. The stock's 50 day moving average is $2.46 and its two-hundred day moving average is $2.33.

Sappi (OTCMKTS:SPPJY - Get Free Report) last announced its earnings results on Wednesday, February 7th. The basic materials company reported $0.08 earnings per share for the quarter. The firm had revenue of $1.27 billion during the quarter. Sappi had a negative net margin of 1.05% and a positive return on equity of 4.72%. Analysts expect that Sappi Limited will post 0.35 earnings per share for the current fiscal year.

Sappi Company Profile

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.