Shares of UPM-Kymmene Oyj (OTCMKTS:UPMMY – Get Free Report) shot up 0.9% during mid-day trading on Thursday . The stock traded as high as $30.88 and last traded at $30.70. 48,768 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 103,463 shares. The stock had previously closed at $30.42.
UPM-Kymmene Oyj Price Performance
The firm’s 50 day simple moving average is $28.30 and its 200-day simple moving average is $29.98.
UPM-Kymmene Oyj Company Profile
UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.
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