Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $1.93, but opened at $1.85. Sappi shares last traded at $1.85, with a volume of 700 shares.
Sappi Price Performance
The company has a fifty day simple moving average of $1.90 and a 200-day simple moving average of $2.25. The company has a market cap of $993.82 million, a P/E ratio of 5.92, a PEG ratio of 2.65 and a beta of 0.75. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.38 and a quick ratio of 0.68.
Sappi (OTCMKTS:SPPJY - Get Free Report) last announced its 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 company 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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