Sappi (OTCMKTS:SPPJY) Shares Cross Above 50 Day Moving Average – Should You Sell?

Sappi Limited (OTCMKTS:SPPJY)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.81 and traded as high as $3.00. Sappi shares last traded at $2.90, with a volume of 1,375 shares.

Sappi Price Performance

The stock has a 50 day moving average of $2.81 and a 200-day moving average of $2.79. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.87 and a current ratio of 1.55. The company has a market cap of $1.62 billion, a PE ratio of 96.70 and a beta of 1.07.

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.