Essity AB (publ) (OTCMKTS:ETTYF) Shares Up 4.3% – Should You Buy?

Essity AB (publ) (OTCMKTS:ETTYF) shot up 4.3% on Wednesday . The company traded as high as $28.61 and last traded at $28.61. 400 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 1,158 shares. The stock had previously closed at $27.44.

Essity AB (publ) Stock Performance

The firm has a 50-day moving average of $27.93 and a 200-day moving average of $26.76.

Essity AB (publ) Company Profile

Essity AB (publ) is a leading global hygiene and health company headquartered in Stockholm, Sweden. The firm was established as an independent entity in April 2017 following a demerger from Swedish forest products group SCA. Since its spin-off, Essity has focused on delivering innovative solutions in personal care, tissue, and professional hygiene, supported by a commitment to sustainability and responsible sourcing.

Essity operates through two primary business areas: Consumer Tissue and Personal Care.