Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY – Get Free Report) shares shot up 1.9% during trading on Wednesday. The stock traded as high as $18.20 and last traded at $18.20. Approximately 800 shares traded hands during trading, a decline of 6% from the average session volume of 852 shares. The stock had previously closed at $17.8588.
Svenska Cellulosa Aktiebolaget SCA (publ) Stock Performance
The company has a quick ratio of 0.45, a current ratio of 1.06 and a debt-to-equity ratio of 0.09. The firm has a 50-day simple moving average of $18.20 and a 200 day simple moving average of $18.20. The company has a market cap of $11.61 billion, a price-to-earnings ratio of 8.27 and a beta of 0.67.
About Svenska Cellulosa Aktiebolaget SCA (publ)
Svenska Cellulosa Aktiebolaget SCA (SCA) is a Swedish forest products company headquartered in Sundsvall. Founded in 1929, it manages forest resources and operates primarily in northern Sweden, with products and services sold in markets in Europe and around the world. SCA’s business includes forest management, wood products, pulp and kraftliner used in packaging. It also develops renewable energy, including biofuels and wind power, and provides services connected with forestry and the supply of forest-based raw materials.
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