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

Stora Enso Oyj (OTCMKTS:SEOAY) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $11.00 and last traded at $11.11, with a volume of 91633 shares. The stock had previously closed at $11.21.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. BNP Paribas raised shares of Stora Enso Oyj to a “hold” rating in a research note on Tuesday, October 15th. Barclays raised Stora Enso Oyj from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 7th.

Stora Enso Oyj Trading Down 0.9 %

The business’s fifty day moving average price is $12.20 and its 200 day moving average price is $13.03. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $8.76 billion, a PE ratio of -123.43 and a beta of 0.92.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its earnings results on Thursday, October 24th. The basic materials company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.04). Stora Enso Oyj had a negative return on equity of 2.71% and a negative net margin of 0.75%. The firm had revenue of $2.48 billion during the quarter. As a group, analysts expect that Stora Enso Oyj will post 0.46 EPS for the current fiscal year.

About Stora Enso Oyj

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.