Stora Enso OYJ (SEOAY) Downgraded by ValuEngine to Hold

ValuEngine cut shares of Stora Enso OYJ (OTCMKTS:SEOAY) from a buy rating to a hold rating in a report released on Saturday morning.

Separately, Zacks Investment Research raised shares of Stora Enso OYJ from a hold rating to a buy rating and set a $16.00 price objective for the company in a research note on Wednesday, October 4th.

Stora Enso OYJ (OTCMKTS SEOAY) traded up $0.48 during mid-day trading on Friday, reaching $16.91. 18,327 shares of the company’s stock were exchanged, compared to its average volume of 17,396. The company has a quick ratio of 0.66, a current ratio of 1.15 and a debt-to-equity ratio of 0.36. Stora Enso OYJ has a 52 week low of $10.27 and a 52 week high of $16.92. The stock has a market capitalization of $13,297.79, a price-to-earnings ratio of 21.96, a PEG ratio of 1.70 and a beta of 1.35.

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About Stora Enso OYJ

Stora Enso Oyj is a provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. The Company’s segments include Consumer Board, Packaging Solutions, Biomaterials, Wood Products, Paper and Other. The Consumer Board segment develops and provides consumer packaging boards for printing and packaging applications.

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