Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) Trading Up 3.2% – Still a Buy?

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) were up 3.2% during trading on Tuesday . The stock traded as high as $12.72 and last traded at $12.72. Approximately 475 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 1,187 shares. The stock had previously closed at $12.32.

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

The stock’s 50 day simple moving average is $13.52 and its two-hundred day simple moving average is $13.19.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, manufactures, and sells forest, wood, pulp, and containerboard products in Sweden, the United States, Germany, the United Kingdom, rest of Europe, Asia, and internationally. It operates through five segments: Forest, Wood, Pulp, Containerboard, and Renewable Energy.