UPM-Kymmene (OTCMKTS:UPMKY) Shares Cross Below 200 Day Moving Average – What’s Next?

UPM-Kymmene Co. (OTCMKTS:UPMKY)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.45 and traded as low as $26.29. UPM-Kymmene shares last traded at $26.45, with a volume of 6,600 shares traded.

UPM-Kymmene Trading Up 3.3 %

The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 9.98 and a beta of 1.23. The company’s 50-day simple moving average is $26.45 and its 200-day simple moving average is $26.45.

UPM-Kymmene Company Profile

UPM-Kymmene Oyj operates in the forest-based bio industry. It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides eucalyptus, birch, and softwood pulp grades for tissue, specialty and graphic papers, boards, and packaging; sawn timber for construction, packaging, distribution, joinery, and furniture industries; and wood-based renewable diesel and renewable naphtha for fuel distributors, transportation, and oil and petrochemicals industries.