Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.20 and traded as low as $1.68. Sappi shares last traded at $1.72, with a volume of 2,500 shares trading hands.
Sappi Trading Down 2.6%
The business's 50 day simple moving average is $1.85 and its two-hundred day simple moving average is $2.18. The stock has a market cap of $954.63 million, a P/E ratio of 5.68, a PEG ratio of 2.44 and a beta of 0.75. The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 0.60.
Sappi (OTCMKTS:SPPJY - Get Free Report) last released its earnings results on Thursday, May 8th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.38 billion. Sappi had a net margin of 3.25% and a return on equity of 9.35%.
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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