Stora Enso Oyj (OTCMKTS:SEOAY) Stock Rating Upgraded by Zacks Investment Research

Stora Enso Oyj (OTCMKTS:SEOAY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday, reports.

According to Zacks, “Stora Enso is an integrated forest products company producing magazine papers, newsprint, fine papers and packaging boards, areas in which the Group is a global market leader. Stora Enso also conducts extensive sawmilling operations. To strengthen its market position and better serve customers in the United States, the company acquired the U.S.-based, Consolidated Papers, Inc. in 2000. “

Several other research firms also recently commented on SEOAY. ValuEngine downgraded Stora Enso Oyj from a “sell” rating to a “strong sell” rating in a report on Monday, April 1st. Goldman Sachs Group upgraded Stora Enso Oyj from a “neutral” rating to a “buy” rating in a report on Tuesday, April 23rd.

SEOAY stock traded up $0.20 during mid-day trading on Thursday, reaching $10.73. The company’s stock had a trading volume of 6,865 shares, compared to its average volume of 184,535. The company has a market cap of $8.46 billion, a P/E ratio of 6.79, a PEG ratio of 0.94 and a beta of 1.28. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 1.35. Stora Enso Oyj has a 12 month low of $10.27 and a 12 month high of $20.96.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company operates through five divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops virgin fiber carton board used for packaging for liquid, food, pharmaceutical, and luxury goods.

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