Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Stock Price Down 0% – Here’s Why

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) fell 0% during trading on Tuesday . The stock traded as low as $13.05 and last traded at $13.05. 800 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 1,007 shares. The stock had previously closed at $13.05.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised Svenska Cellulosa Aktiebolaget SCA (publ) to a “buy” rating in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Performance

The firm has a 50 day moving average of $13.10 and a 200-day moving average of $13.15.

About Svenska Cellulosa Aktiebolaget SCA (publ)

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.