Shares of Suzano S.A. (NYSE:SUZ) traded down 5.9% during mid-day trading on Thursday . The stock traded as low as $10.46 and last traded at $10.46. 31,044 shares changed hands during trading, a decline of 96% from the average session volume of 716,254 shares. The stock had previously closed at $11.11.
Several equities research analysts have recently issued reports on the stock. Morgan Stanley raised shares of Suzano from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, August 24th. The Goldman Sachs Group initiated coverage on shares of Suzano in a research note on Wednesday. They set a “sell” rating on the stock.
The company has a current ratio of 2.95, a quick ratio of 2.36 and a debt-to-equity ratio of 4.56. The firm’s 50-day moving average is $11.10 and its two-hundred day moving average is $11.95. The stock has a market cap of $13.71 billion, a price-to-earnings ratio of 5.99 and a beta of 1.51.
Suzano Company Profile (NYSE:SUZ)
Suzano SA engages in the production of hardwood pulp from eucalyptus and paper. It operates through the Pulp, and Paper segments. The Pulp segment comprises of production and sale of hardwood eucalyptus pulp and fluff mainly to supply the export market, with any surplus destined to the domestic market.
Receive News & Ratings for Suzano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suzano and related companies with MarketBeat.com's FREE daily email newsletter.