Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Update

Stora Enso Oyj (OTCMKTS:SEOAY) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 32,873 shares, a growth of 156.5% from the January 29th total of 12,817 shares. Based on an average trading volume of 29,671 shares, the short-interest ratio is currently 1.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 29,671 shares, the short-interest ratio is currently 1.1 days.

Stora Enso Oyj Stock Performance

Shares of SEOAY opened at $13.52 on Friday. The stock has a 50 day moving average price of $12.72 and a 200 day moving average price of $11.86. The company has a quick ratio of 0.66, a current ratio of 1.21 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $10.66 billion, a price-to-earnings ratio of 13.39 and a beta of 0.70. Stora Enso Oyj has a 52-week low of $7.97 and a 52-week high of $14.41.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its quarterly earnings data on Wednesday, February 4th. The basic materials company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). The company had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.26 billion. Stora Enso Oyj had a return on equity of 3.18% and a net margin of 7.58%. Research analysts predict that Stora Enso Oyj will post 0.67 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Citigroup reaffirmed a “buy” rating on shares of Stora Enso Oyj in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $10.80.

Stora Enso Oyj Company Profile

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.