UPM-Kymmene (OTCMKTS:UPMKY) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

UPM-Kymmene Co. (OTCMKTS:UPMKY)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $26.45 and traded as low as $26.29. UPM-Kymmene shares last traded at $26.4501, with a volume of 6,600 shares.

UPM-Kymmene Trading Up 3.3%

The firm has a market cap of $14.12 billion, a P/E ratio of 9.98 and a beta of 1.23. The business’s 50-day moving average is $26.45 and its two-hundred day moving average is $26.45.

About UPM-Kymmene

UPM-Kymmene Corporation is a Finnish forest industry company headquartered in Helsinki, Finland, that specializes in the production of renewable and sustainable wood-based products. The company’s core activities encompass the manufacture of pulp, paper, plywood and sawn timber, with a strong emphasis on innovation in specialty papers and label materials.

In addition to traditional forest products, UPM-Kymmene has developed a range of advanced biorefinery solutions. These include renewable biofuels, industrial wood-based chemicals and specialty biomaterials designed to replace fossil-based alternatives.