Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Trading Up 1.9% – Here’s Why

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY)’s share price shot up 1.9% during trading on Wednesday . The company traded as high as $18.20 and last traded at $18.20. 800 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 852 shares. The stock had previously closed at $17.86.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Up 1.9 %

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.06 and a quick ratio of 0.45. The company has a market capitalization of $11.61 billion, a price-to-earnings ratio of 42.33 and a beta of 0.67. The firm has a 50-day moving average price of $18.20 and a two-hundred day moving average price of $18.20.

About Svenska Cellulosa Aktiebolaget SCA (publ)

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers wood products to the home improvement and building materials sectors, including machined softwood, carcassing, MDF, decking, and sheet materials for builders' merchants and DIY retailers; and various wood products, industrial components, standard wood products, and raw materials, as well as logistic, warehouse, and IT solutions for the wood industry.