Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report) shares saw strong trading volume on Friday . 10,042 shares changed hands during mid-day trading, an increase of 123% from the previous session's volume of 4,506 shares.The stock last traded at $1.70 and had previously closed at $1.73.
Sappi Stock Up 1.8%
The company has a debt-to-equity ratio of 0.60, a current ratio of 1.38 and a quick ratio of 0.68. The firm has a market cap of $963.03 million, a price-to-earnings ratio of 5.73, a P/E/G ratio of 2.44 and a beta of 0.75. The stock has a 50-day moving average of $1.86 and a 200-day moving average of $2.20.
Sappi (OTCMKTS:SPPJY - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.01). Sappi had a return on equity of 9.35% and a net margin of 3.25%. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.38 billion.
Sappi Company Profile
(
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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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