Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBY) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBYGet Free Report) passed above its 50 day moving average during trading on Friday . 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.

Svenska Cellulosa Aktiebolaget SCA (publ) Price Performance

The stock has a market cap of $11.61 billion, a price-to-earnings ratio of 8.27 and a beta of 0.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.06 and a quick ratio of 0.45. The stock’s 50 day simple moving average is $18.20 and its two-hundred day simple moving average is $18.20.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

(Get Free Report)

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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