Essity AB (publ) (OTCMKTS:ETTYF) Shares Up 4.9% – Still a Buy?

Essity AB (publ) (OTCMKTS:ETTYF) shares shot up 4.9% during trading on Friday . The company traded as high as $28.0660 and last traded at $28.0660. 3,943 shares changed hands during mid-day trading, an increase of 222% from the average session volume of 1,224 shares. The stock had previously closed at $26.75.

Essity AB (publ) Stock Up 4.9%

The stock’s 50 day moving average is $26.34 and its 200 day moving average is $27.82.

Essity AB (publ) Company Profile

Essity AB (publ) is a leading global hygiene and health company headquartered in Stockholm, Sweden. The firm was established as an independent entity in April 2017 following a demerger from Swedish forest products group SCA. Since its spin-off, Essity has focused on delivering innovative solutions in personal care, tissue, and professional hygiene, supported by a commitment to sustainability and responsible sourcing.

Essity operates through two primary business areas: Consumer Tissue and Personal Care.