Zacks Investment Research Downgrades Svenska Cellulosa SCA (SVCBY) to Sell
Svenska Cellulosa SCA (OTCMKTS:SVCBY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.
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. “
Svenska Cellulosa SCA (OTCMKTS:SVCBY) remained flat at $$10.45 during trading hours on Friday. 52 shares of the company’s stock were exchanged, compared to its average volume of 9,424. The company has a market cap of $6,660.00, a P/E ratio of 0.45, a price-to-earnings-growth ratio of 2.55 and a beta of 0.89. Svenska Cellulosa SCA has a fifty-two week low of $6.92 and a fifty-two week high of $35.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.73 and a quick ratio of 0.42.
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Svenska Cellulosa SCA AB is a Sweden-based forest products company that develops solid-wood products, pulp, kraftliner, publication papers and renewable energy. The Company consists of five business units: Forest, Wood, Pulp, Paper, Renewable Energy, and supporting unit Sourcing & Logistics. The Forest unit comprises management of over two million hectares forestland, which is used for timber production.
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