Stora Enso Oyj (OTCMKTS:SEOAY) Downgraded to “Sell” at ValuEngine

ValuEngine cut shares of Stora Enso Oyj (OTCMKTS:SEOAY) from a hold rating to a sell rating in a research report sent to investors on Thursday morning, ValuEngine reports.

SEOAY has been the topic of several other reports. Goldman Sachs Group raised Stora Enso Oyj from a neutral rating to a buy rating in a research report on Tuesday, April 23rd. Zacks Investment Research raised Stora Enso Oyj from a sell rating to a hold rating in a research report on Thursday, June 13th.

Shares of SEOAY traded down $0.34 during mid-day trading on Thursday, reaching $10.77. 30,899 shares of the company’s stock traded hands, compared to its average volume of 55,414. The stock has a market capitalization of $8.45 billion, a PE ratio of 6.82, a P/E/G ratio of 1.20 and a beta of 1.32. The firm’s 50-day moving average is $11.29. Stora Enso Oyj has a 12 month low of $10.27 and a 12 month high of $19.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 1.35.

About Stora Enso Oyj

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company operates through five divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops virgin fiber carton board used for packaging for liquid, food, pharmaceutical, and luxury goods.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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