Sappi (OTCMKTS:SPPJY) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Sappi Limited (OTCMKTS:SPPJY) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.71 and traded as low as $2.30. Sappi shares last traded at $2.40, with a volume of 3,365 shares traded.

Sappi Stock Up 2.5 %

The company has a quick ratio of 0.76, a current ratio of 1.52 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 6.58 and a beta of 0.93. The stock has a 50 day moving average of $2.55 and a 200 day moving average of $2.71.

Sappi (OTCMKTS:SPPJY) last issued its earnings results on Wednesday, February 5th. The basic materials company reported $0.14 EPS for the quarter. Sappi had a return on equity of 12.14% and a net margin of 4.13%.

Sappi Company Profile

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.