Stora Enso Oyj (SEOAY) Projected to Post Quarterly Earnings on Wednesday

Stora Enso Oyj (OTCMKTS:SEOAY) is expected to be announcing its results before the market opens on Wednesday, February 4th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $2.2635 billion for the quarter.

Stora Enso Oyj Trading Up 0.2%

Shares of OTCMKTS SEOAY opened at $11.62 on Tuesday. Stora Enso Oyj has a twelve month low of $7.97 and a twelve month high of $12.80. The stock has a market cap of $9.16 billion, a price-to-earnings ratio of 1,163.16 and a beta of 0.70. The company has a quick ratio of 0.80, a current ratio of 1.23 and a debt-to-equity ratio of 0.35. The company’s fifty day moving average is $12.20 and its 200-day moving average is $11.56.

Wall Street Analyst Weigh In

Separately, Citigroup reissued a “buy” rating on shares of Stora Enso Oyj in a research note on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.