Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 31,110 shares, a decrease of 51.5% from the March 15th total of 64,159 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 111,719 shares, the days-to-cover ratio is currently 0.3 days.
Wall Street Analyst Weigh In
A number of analysts have recently commented on SEOAY shares. Citigroup reaffirmed a "buy" rating on shares of Stora Enso Oyj in a research note on Monday, January 26th. The Goldman Sachs Group raised Stora Enso Oyj to a "strong sell" rating in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $10.80.
Read Our Latest Report on SEOAY
Stora Enso Oyj Stock Performance
Shares of SEOAY stock opened at $12.14 on Friday. The stock has a 50-day moving average of $12.49 and a 200-day moving average of $11.96. Stora Enso Oyj has a one year low of $8.25 and a one year high of $14.41. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.21 and a quick ratio of 0.66. The stock has a market cap of $9.57 billion, a PE ratio of 12.01 and a beta of 0.72.
Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last posted its earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.07). Stora Enso Oyj had a return on equity of 3.18% and a net margin of 7.58%.The business had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.26 billion. As a group, sell-side analysts expect 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 is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.
Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.
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