Smurfit Kappa Group (OTCMKTS:SMFKY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Smurfit Kappa Group Plc (OTCMKTS:SMFKYGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $45.96 and traded as high as $46.04. Smurfit Kappa Group shares last traded at $45.96, with a volume of 13,200 shares changing hands.

Smurfit Kappa Group Price Performance

The company has a 50-day moving average price of $45.96 and a 200-day moving average price of $45.96. The company has a current ratio of 1.51, a quick ratio of 1.13 and a debt-to-equity ratio of 0.64.

Smurfit Kappa Group Company Profile

(Get Free Report)

Smurfit Kappa Group is one of the world’s leading providers of paper‐based packaging solutions. The company specializes in the design, manufacture and recycling of corrugated containers, containerboard, bag‐in‐box packaging and related value‐added products. Its integrated operations encompass the full packaging value chain, from raw material sourcing to finished goods, with an emphasis on sustainable and recyclable solutions for a broad range of end markets.

The group’s roots date back to 1934 with the founding of Jefferson Smurfit & Sons in Ireland.

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