Sappi Limited (OTCMKTS:SPPJY – Get Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.84 and traded as low as $2.45. Sappi shares last traded at $2.45, with a volume of 401 shares trading hands.
Sappi Stock Performance
The stock’s 50-day moving average is $2.87 and its 200-day moving average is $2.84. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 2.31, a P/E/G ratio of 0.16 and a beta of 1.22. The company has a current ratio of 1.84, a quick ratio of 1.32 and a debt-to-equity ratio of 0.72.
Sappi (OTCMKTS:SPPJY – Get Rating) last posted its earnings results on Wednesday, February 8th. The basic materials company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. The firm had revenue of $1.66 billion during the quarter. Sappi had a net margin of 8.31% and a return on equity of 34.92%. On average, analysts expect that Sappi Limited will post 0.69 EPS for the current year.
Sappi Announces Dividend
Sappi Company Profile
Sappi Ltd. Is a holding company, which engages in the provision of wood-fiber based solutions. Its products include: Dissolving Pulp, Specialties and Packaging Papers, Printing and Writing Papers, and Forestry. The company was founded on December 17, 1936 and is headquartered in Johannesburg, South Africa.
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