Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $18.20 and traded as low as $18.20. Svenska Cellulosa Aktiebolaget SCA (publ) shares last traded at $18.20, with a volume of 800 shares trading hands.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Up 1.9%

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 company has a fifty day simple moving average of $18.20 and a 200 day simple moving average of $18.20. The firm has a market capitalization of $11.61 billion, a P/E ratio of 8.27 and a beta of 0.67.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers wood products to the home improvement and building materials sectors, including machined softwood, carcassing, MDF, decking, and sheet materials for builders' merchants and DIY retailers; and various wood products, industrial components, standard wood products, and raw materials, as well as logistic, warehouse, and IT solutions for the wood industry.