Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.20 and traded as low as $18.20. Svenska Cellulosa Aktiebolaget SCA (publ) shares last traded at $18.20, with a volume of 800 shares trading hands.

Svenska Cellulosa Aktiebolaget SCA (publ) Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.45 and a current ratio of 1.06. The business’s 50-day moving average is $18.20 and its 200-day moving average is $18.20. The company 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.