Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Trading Up 3.2% – Should You Buy?

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) shot up 3.2% on Thursday . The company traded as high as $12.64 and last traded at $12.64. 150 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 1,542 shares. The stock had previously closed at $12.25.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Performance

The business has a 50-day simple moving average of $12.93 and a 200-day simple moving average of $13.45.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.