Stora Enso Oyj (OTCMKTS:SEOAY) Hits New 1-Year High at $14.17

Stora Enso Oyj (OTCMKTS:SEOAY)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $14.17 and last traded at $14.06, with a volume of 11248 shares changing hands. The stock had previously closed at $13.87.

Stora Enso Oyj Trading Up 1.4 %

The business has a 50 day moving average of $12.67 and a 200 day moving average of $12.82. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.25 and a current ratio of 1.65.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its quarterly earnings results on Thursday, February 1st. The basic materials company reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.68). The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.44 billion. Stora Enso Oyj had a negative return on equity of 5.08% and a negative net margin of 3.82%. Equities analysts predict that Stora Enso Oyj will post 0.52 earnings per share for the current fiscal year.

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.