Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Shares Cross Above 50 Day Moving Average – Here’s Why

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $18.20 and traded as high as $18.20. Svenska Cellulosa Aktiebolaget SCA (publ) shares last traded at $18.20, with a volume of 800 shares.

Svenska Cellulosa Aktiebolaget SCA (publ) Trading Up 1.9 %

The stock has a market capitalization of $11.61 billion, a PE ratio of 8.27 and a beta of 0.67. The company has a current ratio of 1.06, a quick ratio of 0.45 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average is $18.20 and its two-hundred day moving average is $18.20.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

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.