Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 8,800 shares, an increase of 31.3% from the April 30th total of 6,700 shares. Based on an average daily trading volume, of 152,400 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Analyst Ratings Changes
Separately, Barclays cut shares of Stora Enso Oyj from an "overweight" rating to an "underweight" rating in a research report on Monday, April 7th.
Read Our Latest Stock Report on SEOAY
Stora Enso Oyj Stock Performance
Shares of SEOAY stock traded up $0.03 during trading on Wednesday, reaching $9.87. 52,299 shares of the company's stock traded hands, compared to its average volume of 100,445. Stora Enso Oyj has a 1 year low of $7.97 and a 1 year high of $14.49. The firm's 50-day moving average is $9.34 and its 200 day moving average is $10.07. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $7.78 billion, a P/E ratio of -61.69 and a beta of 0.81.
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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 1.29% and a negative return on equity of 3.97%. Equities research analysts expect 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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