Sappi (OTCMKTS:SPPJY) Sets New 12-Month Low – Here’s Why

Sappi Limited (OTCMKTS:SPPJY) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $2.28 and last traded at $2.44, with a volume of 1820 shares changing hands. The stock had previously closed at $2.40.

Sappi Price Performance

The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 6.58 and a beta of 0.93. The business’s fifty day moving average price is $2.55 and its 200-day moving average price is $2.71. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.52 and a quick ratio of 0.76.

Sappi (OTCMKTS:SPPJY) last issued its quarterly earnings data on Wednesday, February 5th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter. Sappi had a net margin of 4.13% and a return on equity of 12.14%.

Sappi Company Profile

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.