Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $1.52 and last traded at $1.52, with a volume of 21614 shares changing hands. The stock had previously closed at $1.71.
Sappi Stock Up 4.5%
The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $912.64 million, a PE ratio of 5.43, a P/E/G ratio of 2.29 and a beta of 0.76. The stock's fifty day simple moving average is $1.82 and its 200-day simple moving average is $2.09.
Sappi (OTCMKTS:SPPJY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The basic materials company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). Sappi had a net margin of 3.25% and a return on equity of 9.35%. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.38 billion.
About Sappi
(
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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.
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