SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) Lifted to “Hold” at Zacks Investment Research

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Zacks Investment Research upgraded shares of SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) from a sell rating to a hold rating in a research report released on Friday morning, Zacks.com reports.

According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “

Shares of SVCBY opened at $8.70 on Friday. The stock has a market capitalization of $5.55 billion, a PE ratio of 14.75, a PEG ratio of 0.71 and a beta of 0.83. SVENSKA CELLULO/ADR has a fifty-two week low of $7.35 and a fifty-two week high of $11.79. The business has a 50-day simple moving average of $8.11.

SVENSKA CELLULO/ADR Company Profile

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers wood products to the home improvement and building materials sectors, including machined softwood, carcassing, MDF, decking, and sheet materials for builders' merchants and DIY retailers; and various wood products, industrial components, standard wood products, and raw materials, as well as logistic, warehouse, and IT solutions for the wood industry.

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