Sappi (OTCMKTS:SPPJY) Reaches New 1-Year Low - What's Next?

Key Points

• Sappi Ltd. (OTCMKTS:SPPJY) has hit a new 52-week low, trading as low as $1.52, down 11.1% from its previous close of $1.71.
• The company's recent earnings report showed a missed earnings estimate of $0.02 per share, with actual earnings at $0.01 and revenue at $1.35 billion, below analyst expectations of $1.38 billion.
• Sappi has a market cap of $851.05 million and operates with a debt-to-equity ratio of 0.60, indicating a stable but cautious financial structure.

Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report) hit a new 52-week low 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 3.9%

The stock has a market cap of $884.64 million, a P/E ratio of 5.27, a PEG ratio of 2.29 and a beta of 0.76. The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 0.60. The business has a 50-day simple moving average of $1.82 and a 200-day simple moving average of $2.10.

Sappi (OTCMKTS:SPPJY - Get Free Report) last announced its earnings results on Thursday, May 8th. The basic materials company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.01). Sappi had a net margin of 3.25% and a return on equity of 9.35%. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.38 billion.

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.