Stora Enso Oyj (OTCMKTS:SEOAY – Get Free Report) issued its quarterly earnings data on Tuesday. The basic materials company reported ($0.86) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.82) by ($0.04), Zacks reports. Stora Enso Oyj had a negative net margin of 0.75% and a negative return on equity of 2.72%.
Stora Enso Oyj Stock Performance
Stora Enso Oyj stock opened at $10.39 on Thursday. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 0.38. The stock has a fifty day moving average of $10.39 and a 200 day moving average of $11.29. Stora Enso Oyj has a one year low of $9.43 and a one year high of $15.29.
Stora Enso Oyj Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a $0.1049 dividend. The ex-dividend date of this dividend was Friday, December 13th.
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.
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