Smurfit Kappa Group (LON:SKG) Trading 3.5% Higher – What’s Next?

Smurfit Kappa Group Plc (LON:SKGGet Free Report) rose 3.5% during trading on Tuesday . The company traded as high as GBX 3,675.97 ($46.89) and last traded at GBX 3,656 ($46.64). Approximately 24,165,363 shares were traded during trading, an increase of 3,395% from the average daily volume of 691,367 shares. The stock had previously closed at GBX 3,532 ($45.06).

Smurfit Kappa Group Stock Performance

The company’s fifty day moving average price is GBX 3,656 and its two-hundred day moving average price is GBX 3,669.28. The company has a debt-to-equity ratio of 67.19, a quick ratio of 1.04 and a current ratio of 1.51. The firm has a market capitalization of £9.55 billion, a PE ratio of 1,474.19 and a beta of 0.94.

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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