Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $1.71, but opened at $1.60. Sappi shares last traded at $1.65, with a volume of 17,100 shares trading hands.
Sappi Price Performance
The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 0.60. The stock's 50 day moving average price is $1.84 and its 200-day moving average price is $2.12. The stock has a market capitalization of $907.04 million, a PE ratio of 5.40, a price-to-earnings-growth ratio of 2.55 and a beta of 0.75.
Sappi (OTCMKTS:SPPJY - Get Free Report) last announced its 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 firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate 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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