Smurfit Kappa Group (OTCMKTS:SMFKY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Smurfit Kappa Group Plc (OTCMKTS:SMFKYGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $45.96 and traded as high as $46.04. Smurfit Kappa Group shares last traded at $45.96, with a volume of 13,200 shares.

Smurfit Kappa Group Price Performance

The stock’s fifty day moving average price is $45.96 and its two-hundred day moving average price is $45.86. The company has a quick ratio of 1.13, a current ratio of 1.51 and a debt-to-equity ratio of 0.64.

About Smurfit Kappa Group

(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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