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Jefferies Group downgraded Smurfit Kappa Group PLC (NASDAQ:SMFKY) to Hold in a report released today.

Just yesterday Smurfit Kappa Group PLC (NASDAQ:SMFKY) traded 0.00% even at $22.95. Smurfit Kappa Group PLC’s 50-day moving average is $24.35 and its 200-day moving average is $25.04. The last closing price is down -8.31% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 0 shares of the stock were exchanged, down from an average trading volume of 5,419

Jefferies Group has downgraded Smurfit Kappa Group PLC (NASDAQ:SMFKY) to Hold in a report released on 9/27/2016.

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Smurfit Kappa Group PLC (NASDAQ:SMFKY)

Smurfit Kappa Group PLC has a 52 week low of $20.37 and a 52 week high of $29.03 with a P/E ratio of 11.02 The company’s market cap is currently $0.

About Smurfit Kappa Group PLC (NASDAQ:SMFKY)

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through two segments, Europe and the Americas. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box. The companyÂ’s product portfolio includes containerboards, including brown kraftliners, brown testliners, recycled flutings, semi chemical flutings, and white top kraftliners and testliners; core boards, corrugated sheet boards, folding carton sheet boards, kraft papers, preprinted liners, printing and writing papers, sack kraft papers, and solid board sheets; and standard, food, consumer, industrial, postal, protective, and retail packaging products, as well as paper bags and sacks, and point of sale displays packaging products. It also provides recovering paper and board for manufacture of packaging products, as well as offers pulp and seedlings; and packing machines, such as bag-in-box, corrugated and solid board, and folding carton machines. The company serves food, beverage, and household consumables sectors. Smurfit Kappa Group plc was founded in 1934 and is headquartered in Dublin, Ireland.

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