Stora Enso Oyj (OTCMKTS:SEOAY) Sets New 1-Year Low – Should You Sell?

Stora Enso Oyj (OTCMKTS:SEOAY)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $11.35 and last traded at $11.50, with a volume of 44601 shares traded. The stock had previously closed at $11.66.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SEOAY. Barclays upgraded Stora Enso Oyj from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 7th. Citigroup upgraded Stora Enso Oyj from a “neutral” rating to a “buy” rating in a report on Monday, July 1st. Finally, BNP Paribas upgraded Stora Enso Oyj to a “hold” rating in a report on Tuesday, October 15th.

Stora Enso Oyj Stock Performance

The company has a debt-to-equity ratio of 0.40, a current ratio of 1.54 and a quick ratio of 1.14. The firm has a fifty day simple moving average of $12.47 and a 200 day simple moving average of $13.19. The company has a market cap of $9.04 billion, a price-to-earnings ratio of -45.84, a P/E/G ratio of 0.38 and a beta of 0.91.

Stora Enso Oyj (OTCMKTS:SEOAY) last announced its quarterly earnings results on Wednesday, July 24th. The basic materials company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. Stora Enso Oyj had a negative return on equity of 3.76% and a negative net margin of 2.17%. The company had revenue of $2.48 billion for the quarter. On average, sell-side analysts expect that Stora Enso Oyj will post 0.6 earnings per share for the current fiscal year.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.