Sappi (OTCMKTS:SPPJY) Sets New 52-Week Low – Time to Sell?

Sappi Limited (OTCMKTS:SPPJY)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $2.25 and last traded at $2.40, with a volume of 4501 shares trading hands. The stock had previously closed at $2.50.

Sappi Stock Down 4.0 %

The stock has a market capitalization of $1.34 billion, a P/E ratio of 6.32 and a beta of 0.93. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.52 and a quick ratio of 0.76. The firm has a 50-day simple moving average of $2.55 and a 200 day simple moving average of $2.71.

Sappi (OTCMKTS:SPPJY) last posted its earnings results on Wednesday, February 5th. The basic materials company reported $0.14 EPS for the quarter. Sappi had a net margin of 4.13% and a return on equity of 12.14%.

About Sappi

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.