Sappi (OTCMKTS:SPPJY) Hits New 12-Month Low – Time to Sell?

Sappi Limited (OTCMKTS:SPPJY) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $2.03 and last traded at $2.05, with a volume of 2705 shares changing hands. The stock had previously closed at $2.08.

Sappi Stock Down 1.4 %

The company has a debt-to-equity ratio of 0.57, a current ratio of 1.52 and a quick ratio of 0.76. The business’s 50 day moving average price is $2.47 and its 200 day moving average price is $2.69. The firm has a market cap of $1.15 billion, a PE ratio of 5.39 and a beta of 0.93.

Sappi (OTCMKTS:SPPJY) last announced its earnings results on Wednesday, February 5th. The basic materials company reported $0.14 EPS for the quarter. Sappi had a return on equity of 12.14% and a net margin of 4.13%.

Sappi Company Profile

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.