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

Shares of Sappi Limited (OTCMKTS:SPPJY) reached a new 52-week low during trading on Tuesday . The stock traded as low as $1.70 and last traded at $1.70, with a volume of 6763 shares changing hands. The stock had previously closed at $1.74.

Sappi Stock Down 2.3 %

The company has a market cap of $951.83 million, a PE ratio of 4.47 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.52 and a quick ratio of 0.76. The firm has a 50-day simple moving average of $2.40 and a two-hundred day simple moving average of $2.67.

Sappi (OTCMKTS:SPPJY) last released its earnings results 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.