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

Posted by Maddie Sorensen on Dec 19th, 2024

Stora Enso Oyj (OTCMKTS:SEOAY – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.43 and last traded at $9.47, with a volume of 279374 shares trading hands. The stock had previously closed at $9.72.

Analyst Ratings Changes

A number of research firms have issued reports on SEOAY. Barclays raised Stora Enso Oyj from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, October 7th. BNP Paribas raised Stora Enso Oyj to a “hold” rating in a report on Tuesday, October 15th.

Check Out Our Latest Stock Report on Stora Enso Oyj

Stora Enso Oyj Stock Performance

The company has a market capitalization of $7.47 billion, a P/E ratio of -105.21 and a beta of 0.88. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.83 and a current ratio of 1.27. The business’s fifty day simple moving average is $10.78 and its 200-day simple moving average is $12.18.

Stora Enso Oyj (OTCMKTS:SEOAY – Get Free Report) last issued its earnings results on Thursday, October 24th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.04). The firm had revenue of $2.48 billion during the quarter. Stora Enso Oyj had a negative return on equity of 2.72% and a negative net margin of 0.75%. As a group, equities analysts anticipate that Stora Enso Oyj will post 0.46 earnings per share for the current fiscal year.

Stora Enso Oyj Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $0.1049 dividend. The ex-dividend date is Friday, December 13th. Stora Enso Oyj’s dividend payout ratio (DPR) is presently -111.11%.

Stora Enso Oyj Company Profile

(Get Free Report)

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.