Shares of Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $11.08, but opened at $10.65. Stora Enso Oyj shares last traded at $10.65, with a volume of 178 shares.
Wall Street Analyst Weigh In
A number of research firms have weighed in on SEOAY. Barclays lowered Stora Enso Oyj from an "overweight" rating to an "underweight" rating in a research note on Monday, April 7th. BNP Paribas lowered shares of Stora Enso Oyj from a "hold" rating to a "strong sell" rating in a report on Wednesday, June 25th.
Read Our Latest Stock Report on SEOAY
Stora Enso Oyj Trading Down 3.7%
The company has a debt-to-equity ratio of 0.38, a current ratio of 1.09 and a quick ratio of 0.67. The business's fifty day moving average price is $10.09 and its two-hundred day moving average price is $10.13.
Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last released its earnings results on Friday, April 25th. The basic materials company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.10. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.32 billion. Stora Enso Oyj had a negative net margin of 1.01% and a negative return on equity of 3.74%. As a group, equities research analysts forecast that Stora Enso Oyj will post 0.67 EPS for the current year.
About Stora Enso Oyj
(
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Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.
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