Shares of Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report) saw an uptick in trading volume on Wednesday . 31,862 shares traded hands during trading, an increase of 456% from the previous session's volume of 5,733 shares.The stock last traded at $1.78 and had previously closed at $1.77.
Sappi Stock Performance
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 company's fifty day moving average is $1.82 and its 200 day moving average is $2.10. The company has a market cap of $884.64 million, a P/E ratio of 5.27, a price-to-earnings-growth ratio of 2.29 and a beta of 0.76.
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 (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 during the quarter, compared to the consensus estimate 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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