Zacks Investment Research Lowers Svenska Cellulosa AB (SVCBY) to Hold

Zacks Investment Research cut shares of Svenska Cellulosa AB (OTCMKTS:SVCBY) from a buy rating to a hold rating in a research note published on Friday morning.

According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “

Separately, ValuEngine cut Svenska Cellulosa AB from a buy rating to a hold rating in a research report on Tuesday, August 1st.

Svenska Cellulosa AB (OTCMKTS:SVCBY) opened at $9.35 on Friday. Svenska Cellulosa AB has a 12-month low of $6.92 and a 12-month high of $35.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.42 and a current ratio of 0.73. The firm has a market capitalization of $5,962.95, a PE ratio of 16.40, a PEG ratio of 2.47 and a beta of 0.71.

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About Svenska Cellulosa AB

Svenska Cellulosa SCA AB is a Sweden-based forest products company that develops solid-wood products, pulp, kraftliner, publication papers and renewable energy. The Company consists of five business units: Forest, Wood, Pulp, Paper, Renewable Energy, and supporting unit Sourcing & Logistics. The Forest unit comprises management of over two million hectares forestland, which is used for timber production.

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