Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $18.20 and traded as low as $18.20. Svenska Cellulosa Aktiebolaget SCA (publ) shares last traded at $18.20, with a volume of 800 shares trading hands.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Performance

The business’s fifty day moving average price is $18.20 and its 200-day moving average price is $18.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.45 and a current ratio of 1.06. The stock has a market cap of $11.61 billion, a PE ratio of 8.27 and a beta of 0.67.

About Svenska Cellulosa Aktiebolaget SCA (publ)

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.