Sappi (OTCMKTS:SPPJY) Stock Price Crosses Below 200-Day Moving Average of $2.72

Shares of Sappi Limited (OTCMKTS:SPPJY – Get Rating) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.72 and traded as low as $2.29. Sappi shares last traded at $2.35, with a volume of 39,138 shares.

Sappi Price Performance

The company has a current ratio of 1.84, a quick ratio of 1.24 and a debt-to-equity ratio of 0.62. The firm has a market cap of $1.34 billion, a PE ratio of 2.22, a price-to-earnings-growth ratio of 0.20 and a beta of 1.22. The stock has a 50 day simple moving average of $2.43 and a 200-day simple moving average of $2.72.

Sappi Company Profile

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Sappi Ltd. Is a holding company, which engages in the provision of wood-fiber based solutions. Its products include: Dissolving Pulp, Specialties and Packaging Papers, Printing and Writing Papers, and Forestry. The company was founded on December 17, 1936 and is headquartered in Johannesburg, South Africa.