Suzano (NYSE:SUZ) Reaches New 1-Year Low – Time to Sell?

Suzano S.A. (NYSE:SUZ)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $8.74 and last traded at $8.77, with a volume of 147091 shares traded. The stock had previously closed at $9.10.

Suzano Stock Down 4.8 %

The company has a market cap of $11.47 billion, a price-to-earnings ratio of 13.75 and a beta of 0.88. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.40 and a current ratio of 1.72. The stock’s fifty day moving average is $9.90 and its two-hundred day moving average is $10.08.

Institutional Investors Weigh In On Suzano

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC grew its stake in shares of Suzano by 58.2% in the 4th quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock worth $28,000 after acquiring an additional 1,027 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in Suzano by 69.2% during the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company’s stock worth $30,000 after purchasing an additional 1,229 shares during the last quarter. Blue Trust Inc. grew its position in Suzano by 228.5% in the 4th quarter. Blue Trust Inc. now owns 6,712 shares of the company’s stock worth $67,000 after purchasing an additional 4,669 shares in the last quarter. Signaturefd LLC increased its stake in Suzano by 28.9% in the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company’s stock valued at $81,000 after buying an additional 1,787 shares during the last quarter. Finally, US Bancorp DE lifted its position in shares of Suzano by 20.3% during the 4th quarter. US Bancorp DE now owns 9,177 shares of the company’s stock worth $93,000 after buying an additional 1,547 shares in the last quarter. 2.55% of the stock is owned by hedge funds and other institutional investors.

About Suzano

Suzano SA produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials.