Stora Enso Oyj (OTCMKTS:SEOAY) Short Interest Up 36.2% in April

Stora Enso Oyj (OTCMKTS:SEOAY) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 65,800 shares, a growth of 36.2% from the March 31st total of 48,300 shares. Based on an average daily trading volume, of 61,800 shares, the short-interest ratio is presently 1.1 days.

Stora Enso Oyj Stock Performance

SEOAY opened at $13.68 on Friday. The company has a market cap of $10.79 billion, a P/E ratio of -21.71 and a beta of 1.00. The company has a quick ratio of 1.25, a current ratio of 1.65 and a debt-to-equity ratio of 0.41. The firm’s 50-day moving average price is $13.19 and its 200-day moving average price is $12.98. Stora Enso Oyj has a 52-week low of $11.06 and a 52-week high of $14.52.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its earnings results on Thursday, February 1st. The basic materials company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.68). The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.44 billion. Stora Enso Oyj had a negative return on equity of 6.14% and a negative net margin of 5.20%. As a group, equities analysts anticipate that Stora Enso Oyj will post 0.46 EPS for the current fiscal year.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.