Stora Enso OYJ (SEOAY) Downgraded by Zacks Investment Research to “Sell”
According to Zacks, “Stora Enso is an integrated forest products company producing magazine papers, newsprint, fine papers and packaging boards, areas in which the Group is a global market leader. Stora Enso also conducts extensive sawmilling operations. To strengthen its market position and better serve customers in the United States, the company acquired the U.S.-based, Consolidated Papers, Inc. in 2000. “
Stora Enso OYJ (NASDAQ:SEOAY) opened at 8.9399 on Tuesday. The stock has a market cap of $7.05 billion and a PE ratio of 8.0178. The firm’s 50-day moving average price is $8.98 and its 200-day moving average price is $8.62. Stora Enso OYJ has a 52 week low of $7.40 and a 52 week high of $10.12.
Stora Enso OYJ Company Profile
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