UPM-Kymmene Co. (OTCMKTS:UPMKY – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.45 and traded as low as $26.29. UPM-Kymmene shares last traded at $26.4501, with a volume of 6,600 shares traded.
UPM-Kymmene Trading Up 3.3%
The company has a market capitalization of $14.12 billion, a PE ratio of 9.98 and a beta of 1.23. The stock’s 50-day moving average is $26.45 and its two-hundred day moving average is $26.45.
About UPM-Kymmene
UPM-Kymmene Corporation is a Finnish forest industry company headquartered in Helsinki, Finland, that specializes in the production of renewable and sustainable wood-based products. The company’s core activities encompass the manufacture of pulp, paper, plywood and sawn timber, with a strong emphasis on innovation in specialty papers and label materials.
In addition to traditional forest products, UPM-Kymmene has developed a range of advanced biorefinery solutions. These include renewable biofuels, industrial wood-based chemicals and specialty biomaterials designed to replace fossil-based alternatives.
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