Stora Enso Oyj (OTCMKTS:SEOAY) Upgraded by BNP Paribas to “Hold”

Stora Enso Oyj (OTCMKTS:SEOAY) was upgraded by research analysts at BNP Paribas to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports.

SEOAY has been the topic of several other reports. Barclays raised shares of Stora Enso Oyj from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 7th. Citigroup upgraded Stora Enso Oyj from a “neutral” rating to a “buy” rating in a research note on Monday, July 1st.

Stora Enso Oyj Price Performance

Shares of SEOAY stock opened at $12.18 on Tuesday. Stora Enso Oyj has a twelve month low of $11.19 and a twelve month high of $15.29. The company has a current ratio of 1.54, a quick ratio of 1.14 and a debt-to-equity ratio of 0.40. The stock has a fifty day simple moving average of $12.50 and a two-hundred day simple moving average of $13.29. The stock has a market capitalization of $9.60 billion, a price-to-earnings ratio of -48.70, a P/E/G ratio of 0.42 and a beta of 0.91.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its quarterly earnings data on Wednesday, July 24th. The basic materials company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The company had revenue of $2.48 billion during the quarter. Stora Enso Oyj had a negative net margin of 2.17% and a negative return on equity of 3.76%. On average, analysts predict that Stora Enso Oyj will post 0.6 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.