Free Trial

Sappi (OTCMKTS:SPPJY) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

Sappi logo with Basic Materials background

Key Points

  • Sappi Ltd. (OTCMKTS:SPPJY) stock has fallen below its 200-day moving average, currently trading at $1.71 after reaching a low of $1.62.
  • The company's latest earnings report revealed an EPS of $0.01, missing expectations of $0.02, alongside a revenue of $1.35 billion, below the anticipated $1.38 billion.
  • Sappi's market cap is approximately $957.43 million, with a current ratio of 1.38 and a debt-to-equity ratio of 0.60.
  • Five stocks to consider instead of Sappi.

Shares of Sappi Ltd. (OTCMKTS:SPPJY - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.12 and traded as low as $1.62. Sappi shares last traded at $1.71, with a volume of 35,562 shares traded.

Sappi Stock Up 3.9%

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 company's fifty day moving average is $1.82 and its 200-day moving average is $2.11. The company has a market cap of $884.64 million, a PE ratio of 5.27, a PEG ratio of 2.20 and a beta of 0.76.

Sappi (OTCMKTS:SPPJY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The basic materials company reported $0.01 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.38 billion.

About Sappi

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Sappi Right Now?

Before you consider Sappi, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sappi wasn't on the list.

While Sappi currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines