Stora Enso Oyj (OTCMKTS:SEOAY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 64,743 shares, an increase of 88.5% from the August 31st total of 34,353 shares. Based on an average daily volume of 69,848 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the company’s stock are short sold.
Stora Enso Oyj Price Performance
Shares of OTCMKTS:SEOAY opened at $11.91 on Tuesday. The firm has a market capitalization of $9.40 billion, a PE ratio of 14.18, a P/E/G ratio of 13.02 and a beta of 0.63. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average price of $11.57 and a two-hundred day moving average price of $11.43. Stora Enso Oyj has a twelve month low of $9.92 and a twelve month high of $14.41.
Stora Enso Oyj (OTCMKTS:SEOAY – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.13). Stora Enso Oyj had a net margin of 6.20% and a return on equity of 2.31%. The business had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.79 billion. Equities analysts forecast that Stora Enso Oyj will post 0.44 EPS for the current year.
Analyst Ratings Changes
Check Out Our Latest Report on Stora Enso Oyj
Stora Enso Oyj Company Profile
Stora Enso Oyj is a renewable materials company headquartered in Finland and Sweden. The company develops and manufactures products made from wood and other renewable resources, with a focus on replacing fossil-based materials in packaging, construction and other applications.
Its product portfolio includes renewable packaging materials, packaging solutions, biomaterials and engineered wood products. Stora Enso supplies materials for food and beverage packaging, consumer goods, industrial applications and wooden construction, as well as pulp and other components used in a range of fiber-based products.
Stora Enso serves customers in markets around the world, with operations and sales primarily concentrated in Europe and additional activities in the Americas and Asia.
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