Stora Enso Oyj (SEOAY) Projected to Post Quarterly Earnings on Wednesday

Stora Enso Oyj (OTCMKTS:SEOAY) will likely be issuing its results before the market opens on Wednesday, February 4th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.

Stora Enso Oyj Stock Performance

Shares of SEOAY opened at $12.60 on Wednesday. The firm has a fifty day moving average of $12.14 and a 200-day moving average of $11.52. The company has a market cap of $9.94 billion, a price-to-earnings ratio of 1,261.66 and a beta of 0.71. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 1.23. Stora Enso Oyj has a 1 year low of $7.97 and a 1 year high of $12.80.

Wall Street Analyst Weigh In

Separately, Citigroup restated a “buy” rating on shares of Stora Enso Oyj in a research note on Monday. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.80.

About Stora Enso Oyj

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.