Stora Enso OYJ (ADR) (NASDAQ:SEOAY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 5, 2016
Zacks Investment Research has upgraded Stora Enso OYJ (ADR) (NASDAQ:SEOAY) to Hold in a statement released on 10/05/2016.
Boasting a price of $8.94, Stora Enso OYJ (ADR) (NASDAQ:SEOAY) traded 0.68% higher on the day. With the last stock price close up 3.36% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Stora Enso OYJ (ADR) has recorded a 50-day average of $8.94 and a two hundred day average of $8.62. Volume of trade was down over the average, with 3,797 shares of SEOAY changing hands under the typical 7,425
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Stora Enso OYJ (ADR) has a 52 week low of $7.40 and a 52 week high of $10.12 with a P/E ratio of 7.94 The company’s market cap is currently $0.
About Stora Enso OYJ (ADR) (NASDAQ:SEOAY)
Stora Enso Oyj is a provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. The Company's segments include Consumer Board, which develops and provides consumer packaging boards for printing and packaging applications; Packaging Solutions, which develops fiber-based packaging, and operates at every stage of the value chain from pulp production, material and packaging production to recycling; Biomaterials, which offers a range of pulp grades for paper, board, tissue, textile and hygiene product producers; Wood Products, which provides wood-based solutions for building and housing; Paper, which provides paper solutions for print media and office use that covers papers made from recycled and fresh wood fiber, and Other, which includes the Nordic forest equity accounted investments, and its shareholding in an energy company Pohjolan Voima Oy, operations supplying wood to the Nordic mills and group shared services and administration.
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