Short Interest in Stora Enso Oyj (OTCMKTS:SEOAY) Declines By 95.6%

Stora Enso Oyj (OTCMKTS:SEOAY) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 700 shares, a decline of 95.6% from the May 31st total of 15,900 shares. Based on an average daily volume of 29,300 shares, the short-interest ratio is presently 0.0 days.

Stora Enso Oyj Stock Up 1.7 %

Shares of OTCMKTS SEOAY traded up $0.23 during trading on Thursday, reaching $13.72. 15,080 shares of the stock were exchanged, compared to its average volume of 24,343. The business’s 50-day moving average price is $14.03 and its 200 day moving average price is $13.42. Stora Enso Oyj has a twelve month low of $11.06 and a twelve month high of $15.29. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $10.82 billion, a price-to-earnings ratio of -21.78, a price-to-earnings-growth ratio of 0.56 and a beta of 0.95.

Stora Enso Oyj (OTCMKTS:SEOAY) last posted its earnings results on Thursday, April 25th. The basic materials company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.06. The business had revenue of $2.35 billion for the quarter. Stora Enso Oyj had a negative net margin of 5.20% and a negative return on equity of 6.18%. As a group, equities analysts forecast that Stora Enso Oyj will post 0.47 EPS for the current fiscal year.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.