Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report)'s share price fell 3% on Thursday . The company traded as low as $1.78 and last traded at $1.78. 632 shares were traded during mid-day trading, a decline of 86% from the average session volume of 4,558 shares. The stock had previously closed at $1.83.
Sappi Stock Performance
The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.68 and a current ratio of 1.38. The stock's 50-day simple moving average is $1.91 and its two-hundred day simple moving average is $2.26. The stock has a market cap of $993.82 million, a price-to-earnings ratio of 5.92, a price-to-earnings-growth ratio of 1.68 and a beta of 0.75.
Sappi (OTCMKTS:SPPJY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The basic materials company reported $0.01 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 business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.38 billion.
About Sappi
(
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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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