Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) gapped down prior to trading 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 traded.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the company. Barclays cut Stora Enso Oyj from an "overweight" rating to an "underweight" rating in a research note on Monday, April 7th. BNP Paribas lowered Stora Enso Oyj from a "hold" rating to a "strong sell" rating in a report on Wednesday, June 25th.
Get Our Latest Stock Report on SEOAY
Stora Enso Oyj Price Performance
The stock has a 50 day moving average of $10.40 and a two-hundred day moving average of $10.18. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.67 and a current ratio of 1.09. The firm has a market capitalization of $8.23 billion, a P/E ratio of -80.23 and a beta of 0.84.
Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The basic materials company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.04 by $0.10. The business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.32 billion. Stora Enso Oyj had a negative return on equity of 3.74% and a negative net margin of 1.01%. Sell-side analysts predict that Stora Enso Oyj will post 0.67 earnings per share for the current fiscal 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.
Read More
Before you consider Stora Enso Oyj, 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 Stora Enso Oyj wasn't on the list.
While Stora Enso Oyj currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access