Sappi (OTCMKTS:SPPJY) Sees Large Volume Increase - Should You Buy?

Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 20,010 shares were traded during trading, an increase of 338% from the previous session's volume of 4,569 shares.The stock last traded at $1.75 and had previously closed at $1.85.

Sappi Price Performance

The company has a market capitalization of $1.03 billion, a PE ratio of 6.14, a P/E/G ratio of 1.70 and a beta of 0.76. 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 fifty day simple moving average of $1.91 and a 200-day simple moving average of $2.29.

Sappi (OTCMKTS:SPPJY - Get Free Report) last posted its 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 firm had revenue of $1.35 billion during the quarter, compared to analysts' expectations 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.