Sappi (OTCMKTS:SPPJY) Trading Up 1% – Time to Buy?

Sappi Limited (OTCMKTS:SPPJYGet Free Report)’s stock price was up 1% during mid-day trading on Monday . The company traded as high as $2.91 and last traded at $2.91. Approximately 1,624 shares changed hands during trading, a decline of 53% from the average daily volume of 3,439 shares. The stock had previously closed at $2.88.

Sappi Stock Up 1.0 %

The stock has a 50 day simple moving average of $2.85 and a 200-day simple moving average of $2.78. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.50 and a quick ratio of 0.87. The firm has a market cap of $1.63 billion, a PE ratio of 96.97 and a beta of 1.05.

Sappi Company Profile

(Get Free Report)

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.

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