Stora Enso Oyj (OTCMKTS:SEOAY) Trading Down 5.2% – Should You Sell?

Stora Enso Oyj (OTCMKTS:SEOAY)’s share price dropped 5.2% on Monday . The company traded as low as $11.33 and last traded at $11.33. Approximately 434 shares traded hands during trading, a decline of 99% from the average daily volume of 32,194 shares. The stock had previously closed at $11.9530.

Analysts Set New Price Targets

SEOAY has been the topic of a number of recent research reports. Citigroup reaffirmed a “buy” rating on shares of Stora Enso Oyj in a research report on Monday, January 26th. The Goldman Sachs Group raised Stora Enso Oyj to a “strong sell” rating in a research report on Tuesday, March 24th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Stora Enso Oyj has a consensus rating of “Hold” and an average target price of $10.80.

Stora Enso Oyj Trading Down 0.5%

The company has a debt-to-equity ratio of 0.33, a current ratio of 1.21 and a quick ratio of 0.66. The business’s 50 day moving average is $12.30 and its 200 day moving average is $12.05. The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 11.24 and a beta of 0.72.

Stora Enso Oyj (OTCMKTS:SEOAY) last issued its earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). The firm had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.26 billion. Stora Enso Oyj had a return on equity of 3.18% and a net margin of 7.58%. As a group, equities analysts expect that Stora Enso Oyj will post 0.67 earnings per share for the current fiscal year.

About Stora Enso Oyj

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.