Stora Enso Oyj (OTCMKTS:SEOAY) Trading Down 0.1% - Should You Sell?

Key Points

• Stora Enso Oyj's shares fell by 0.1% during trading, sitting at $11.03, with a notable trading volume increase of 20% compared to the average.
• Analyst ratings have varied, with BNP Paribas upgrading the stock to a "hold" rating and UBS Group downgrading it to a "hold" from "strong-buy", amidst a consensus rating of "Reduce".
• The company recently announced a dividend of $0.0883, with a dividend yield of 79.0%, contrasting with a negative payout ratio of -62.50%.

Shares of Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) fell 0.1% during trading on Tuesday . The stock traded as low as $10.89 and last traded at $11.03. 38,112 shares were traded during mid-day trading, an increase of 20% from the average session volume of 31,731 shares. The stock had previously closed at $11.04.

Analyst Ratings Changes

A number of research analysts have weighed in on SEOAY shares. BNP Paribas upgraded shares of Stora Enso Oyj from a "strong sell" rating to a "hold" rating and set a $10.80 target price on the stock in a research note on Monday. UBS Group cut shares of Stora Enso Oyj from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Wall Street Zen downgraded shares of Stora Enso Oyj from a "hold" rating to a "sell" rating in a report on Monday, July 28th. Finally, Berenberg Bank raised Stora Enso Oyj to a "hold" rating in a research note on Friday, August 29th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Stora Enso Oyj has a consensus rating of "Reduce" and a consensus price target of $10.80.

Stora Enso Oyj Trading Down 0.1%

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.80 and a current ratio of 1.18. The firm has a 50-day moving average of $11.36 and a 200-day moving average of $10.38. The firm has a market capitalization of $8.70 billion, a P/E ratio of -68.94 and a beta of 0.78.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The basic materials company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.47 billion. Stora Enso Oyj had a negative return on equity of 3.87% and a negative net margin of 1.18%. On average, equities research analysts anticipate that Stora Enso Oyj will post 0.67 EPS for the current fiscal year.

Stora Enso Oyj Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 26th will be paid a $0.0883 dividend. This represents a dividend yield of 79.0%. The ex-dividend date is Thursday, September 25th. Stora Enso Oyj's dividend payout ratio is currently -62.50%.

About Stora Enso Oyj

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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