Smurfit Kappa Group (OTCMKTS:SMFKY) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of Smurfit Kappa Group Plc (OTCMKTS:SMFKYGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $46.00 and traded as low as $45.95. Smurfit Kappa Group shares last traded at $45.96, with a volume of 13,200 shares traded.

Smurfit Kappa Group Trading Down 0.0 %

The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.13 and a current ratio of 1.51. The company has a 50 day simple moving average of $45.96 and a two-hundred day simple moving average of $46.00.

Smurfit Kappa Group Company Profile

(Get Free Report)

Smurfit Kappa Group Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland, Germany, France, Mexico, rest of Europe, and other Americas. The company offers e-commerce, retail, consumer, industrial, bottle, protective, heavy-duty, hexacomb, and various punnet packaging products; composite cardboard tubes, bags, and sacks; and bag-in-box, a packaging system that comprises films, accessories, bags, taps, and boxes.

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