Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Shares Up 2.5% – Should You Buy?

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) were up 2.5% during trading on Wednesday . The company traded as high as $13.45 and last traded at $13.45. Approximately 6,975 shares changed hands during mid-day trading, an increase of 500% from the average daily volume of 1,163 shares. The stock had previously closed at $13.12.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded shares of Svenska Cellulosa Aktiebolaget SCA (publ) to a “buy” rating in a report on Wednesday, July 30th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Up 2.5%

The company has a 50 day moving average of $13.15 and a two-hundred day moving average of $13.18.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.