Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Shares Cross Above 50 Day Moving Average – What’s Next?

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $18.20 and traded as high as $18.20. Svenska Cellulosa Aktiebolaget SCA (publ) shares last traded at $18.20, with a volume of 800 shares traded.

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

The company has a 50-day moving average of $18.20 and a 200 day moving average of $18.20. The company has a quick ratio of 0.45, a current ratio of 1.06 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $11.61 billion, a PE ratio of 8.27 and a beta of 0.67.

About Svenska Cellulosa Aktiebolaget SCA (publ)

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.