Sappi (OTCMKTS:SPPJY) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Sappi Ltd. (OTCMKTS:SPPJY) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.39 and traded as low as $1.00. Sappi shares last traded at $1.0840, with a volume of 10,134 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research lowered Sappi from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Sappi Price Performance

The firm’s fifty day moving average is $1.29 and its two-hundred day moving average is $1.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.18 and a quick ratio of 0.55.

Sappi (OTCMKTS:SPPJY) last released its earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03). Sappi had a negative net margin of 5.31% and a negative return on equity of 2.34%. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.34 billion.

Sappi Company Profile

Sappi Limited, trading on the OTCMKTS as SPPJY, is a global pulp and paper company headquartered in Johannesburg, South Africa. Originally established in 1936 as South African Pulp and Paper Industries, Sappi has grown into a diversified manufacturer of dissolving wood pulp, graphic papers, packaging and specialty papers. The company serves customers in over 150 countries and operates a network of mills and sales offices across three key regions: Europe, North America and South Africa.

Sappi’s product portfolio is organized into several main categories.