Sappi (OTCMKTS:SPPJY) Reaches New 52-Week Low – Here’s Why

Sappi Limited (OTCMKTS:SPPJY)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $2.25 and last traded at $2.40, with a volume of 4501 shares changing hands. The stock had previously closed at $2.50.

Sappi Stock Performance

The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.76 and a current ratio of 1.52. The company has a market cap of $1.34 billion, a P/E ratio of 6.32 and a beta of 0.93. The stock’s fifty day moving average price is $2.55 and its two-hundred day moving average price is $2.71.

Sappi (OTCMKTS:SPPJY) last released its earnings results on Wednesday, February 5th. The basic materials company reported $0.14 earnings per share 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.