Stora Enso Oyj (OTCMKTS:SEOAY) Sets New 1-Year Low – Time to Sell?

Stora Enso Oyj (OTCMKTS:SEOAY) shares reached a new 52-week low on Monday . The stock traded as low as $9.35 and last traded at $9.44, with a volume of 256194 shares traded. The stock had previously closed at $9.78.

Stora Enso Oyj Stock Up 1.4 %

The firm has a market capitalization of $7.53 billion, a price-to-earnings ratio of -59.69 and a beta of 0.86. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average of $10.74 and a 200-day moving average of $10.90.

Stora Enso Oyj (OTCMKTS:SEOAY) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported ($0.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.82) by ($0.04). Stora Enso Oyj had a negative return on equity of 3.97% and a negative net margin of 1.29%. As a group, sell-side analysts expect that Stora Enso Oyj will post 0.67 EPS for the current year.

Stora Enso Oyj Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 24th will be given a $0.1348 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Stora Enso Oyj’s previous dividend of $0.10. Stora Enso Oyj’s dividend payout ratio is -62.50%.

About Stora Enso Oyj

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.