Billerud AB (publ) (OTCMKTS:BLRDF) Trading Up 4.5% – Still a Buy?

Billerud AB (publ) (OTCMKTS:BLRDF)’s stock price traded up 4.5% on Wednesday . The company traded as high as $9.20 and last traded at $9.20. 101 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,742 shares. The stock had previously closed at $8.80.

Billerud AB (publ) Stock Performance

The business’s fifty day moving average price is $9.39 and its 200-day moving average price is $9.28.

Billerud AB (publ) Company Profile

Billerud AB (publ) is a Sweden-based pulp and paper company specializing in sustainable packaging materials and solutions. The company produces a range of fibre-based products, including containerboard, corrugating medium, sack kraft paper and speciality paper. Through its integrated production network, Billerud AB supplies raw materials and finished solutions to customers in the consumer packaging, e-commerce, food service and industrial sectors.

The roots of Billerud AB date back to the establishment of the Gruvön mill in 1647 and the Korsnäs operations in the mid-19th century.