UPM-Kymmene (OTCMKTS:UPMKY) Shares Pass Below 200-Day Moving Average – Here’s What Happened

UPM-Kymmene Co. (OTCMKTS:UPMKYGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.45 and traded as low as $26.29. UPM-Kymmene shares last traded at $26.4501, with a volume of 6,600 shares.

UPM-Kymmene Trading Up 3.3%

The firm has a 50-day moving average of $26.45 and a 200 day moving average of $26.45. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 9.98 and a beta of 1.23.

About UPM-Kymmene

(Get Free Report)

UPM-Kymmene Corporation is a Finnish forest industry company headquartered in Helsinki, Finland, that specializes in the production of renewable and sustainable wood-based products. The company’s core activities encompass the manufacture of pulp, paper, plywood and sawn timber, with a strong emphasis on innovation in specialty papers and label materials.

In addition to traditional forest products, UPM-Kymmene has developed a range of advanced biorefinery solutions. These include renewable biofuels, industrial wood-based chemicals and specialty biomaterials designed to replace fossil-based alternatives.

Further Reading

Receive News & Ratings for UPM-Kymmene Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UPM-Kymmene and related companies with MarketBeat.com's FREE daily email newsletter.