Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Shares Up 0.3% – Time to Buy?

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF – Get Free Report)’s share price rose 0.3% during trading on Tuesday. The company traded as high as $12.33 and last traded at $12.33. 750 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 5,739 shares. The stock had previously closed at $12.29.

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

The stock has a 50-day moving average of $11.83 and a 200-day moving average of $11.23.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

(Get Free Report)

Svenska Cellulosa Aktiebolaget SCA AB is a Swedish forest products company that owns and manages forests and develops products based on renewable wood resources. Its operations extend across the forest value chain, from timber harvesting and forest management to the production of wood-based materials and renewable energy.

SCA’s principal products include sawn wood, kraftliner used in transport and packaging, pulp, and solid biofuels such as wood pellets. The company also generates and supplies renewable energy, including electricity and heat produced from forest-based materials and by-products.

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