Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $10.62, but opened at $11.17. Stora Enso Oyj shares last traded at $11.17, with a volume of 411 shares.
Analysts Set New Price Targets
Separately, Barclays downgraded Stora Enso Oyj from an "overweight" rating to an "underweight" rating in a research report on Monday, April 7th.
Read Our Latest Analysis on SEOAY
Stora Enso Oyj Stock Performance
The business's fifty day moving average price is $9.58 and its two-hundred day moving average price is $10.07. 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 stock has a market capitalization of $8.95 billion, a P/E ratio of -87.31 and a beta of 0.83.
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, beating the consensus estimate of $0.04 by $0.10. Stora Enso Oyj had a negative return on equity of 3.74% and a negative net margin of 1.01%. The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.32 billion. As a group, sell-side analysts forecast that Stora Enso Oyj will post 0.67 earnings per share 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.
Further Reading
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