Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Stock Price Up 1.9% – Here’s Why

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY – Get Free Report) shares were up 1.9% on Wednesday. The stock traded as high as $18.20 and last traded at $18.20. 800 shares changed hands during trading, a decline of 6% from the average session volume of 852 shares. The stock had previously closed at $17.8588.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Up 1.9%

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.06 and a quick ratio of 0.45. The firm’s 50 day moving average price is $18.20 and its two-hundred day moving average price is $18.20. The firm has a market cap of $11.61 billion, a price-to-earnings ratio of 8.27 and a beta of 0.67.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

(Get Free Report)

Svenska Cellulosa Aktiebolaget SCA (SCA) is a Swedish forest products company headquartered in Sundsvall. Founded in 1929, it manages forest resources and operates primarily in northern Sweden, with products and services sold in markets in Europe and around the world. SCA’s business includes forest management, wood products, pulp and kraftliner used in packaging. It also develops renewable energy, including biofuels and wind power, and provides services connected with forestry and the supply of forest-based raw materials.

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