Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABY) Trading Up 8.6% – What’s Next?

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SCABYGet Free Report) shot up 8.6% on Tuesday . The company traded as high as C$14.45 and last traded at C$14.45. 1,495 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 10,820 shares. The stock had previously closed at C$13.30.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Up 8.6%

The business has a fifty day simple moving average of C$14.17 and a two-hundred day simple moving average of C$12.82.

About Svenska Cellulosa Aktiebolaget SCA (publ)

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Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.

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