Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $10.94, but opened at $10.54. Stora Enso Oyj shares last traded at $10.53, with a volume of 5,959 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. BNP Paribas downgraded shares of Stora Enso Oyj from a "hold" rating to a "strong sell" rating in a research note on Wednesday, June 25th. Barclays cut shares of Stora Enso Oyj from an "overweight" rating to an "underweight" rating in a report on Monday, April 7th.
View Our Latest Stock Report on SEOAY
Stora Enso Oyj Trading Down 2.6%
The stock's fifty day moving average price is $10.40 and its 200 day moving average price is $10.18. The company has a quick ratio of 0.67, a current ratio of 1.09 and a debt-to-equity ratio of 0.38. The stock has a market cap of $8.07 billion, a PE ratio of -78.69 and a beta of 0.84.
Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The basic materials company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.10. Stora Enso Oyj had a negative net margin of 1.01% and a negative return on equity of 3.74%. The firm had revenue of $2.69 billion for the quarter, compared to analysts' expectations of $2.32 billion. On average, sell-side analysts forecast that Stora Enso Oyj will post 0.67 EPS for the current year.
About Stora Enso Oyj
(
Get Free Report)
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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