UPM-Kymmene Co. (OTCMKTS:UPMKY – Get Rating) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.45 and traded as low as $26.29. UPM-Kymmene shares last traded at $26.45, with a volume of 6,600 shares traded.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley boosted their target price on UPM-Kymmene from €37.00 ($38.14) to €39.00 ($40.21) and gave the stock an “equal weight” rating in a report on Friday, April 8th.
UPM-Kymmene Stock Up 3.3 %
The business has a 50-day simple moving average of $26.45 and a two-hundred day simple moving average of $26.45. The stock has a market capitalization of $14.12 billion, a P/E ratio of 9.98 and a beta of 1.23.
UPM-Kymmene Company Profile
UPM-Kymmene Oyj operates in the forest-based bio industry. It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides eucalyptus, birch, and softwood pulp grades for tissue, specialty and graphic papers, boards, and packaging; sawn timber for construction, packaging, distribution, joinery, and furniture industries; and wood-based renewable diesel and renewable naphtha for fuel distributors, transportation, and oil and petrochemicals industries.
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