Sappi (OTCMKTS:SPPJY) Sets New 52-Week Low – Should You Sell?

Shares of Sappi Ltd. (OTCMKTS:SPPJY) reached a new 52-week low during trading on Friday . The stock traded as low as $1.52 and last traded at $1.52, with a volume of 21614 shares traded. The stock had previously closed at $1.71.

Sappi Trading Up 3.9%

The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 0.60. The business’s fifty day moving average is $1.82 and its 200-day moving average is $2.10. The stock has a market capitalization of $884.64 million, a PE ratio of 5.27, a P/E/G ratio of 2.29 and a beta of 0.76.

Sappi (OTCMKTS:SPPJY) last issued its earnings results on Thursday, May 8th. The basic materials company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.38 billion. Sappi had a net margin of 3.25% and a return on equity of 9.35%.

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.