Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Share Price Passes Above 50 Day Moving Average of $18.20

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBYGet Rating) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $18.20 and traded as high as $18.20. Svenska Cellulosa Aktiebolaget SCA (publ) shares last traded at $18.20, with a volume of 800 shares changing hands.

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

The firm has a market cap of $11.61 billion, a P/E ratio of 42.33 and a beta of 0.67. The company has a current ratio of 1.06, a quick ratio of 0.45 and a debt-to-equity ratio of 0.09. The business’s fifty day simple moving average is $18.20 and its 200-day simple moving average is $18.20.

About Svenska Cellulosa Aktiebolaget SCA (publ)

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Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers wood products to the home improvement and building materials sectors, including machined softwood, carcassing, MDF, decking, and sheet materials for builders' merchants and DIY retailers; and various wood products, industrial components, standard wood products, and raw materials, as well as logistic, warehouse, and IT solutions for the wood industry.

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