UPM-Kymmene (OTCMKTS:UPMKY) Stock Passes Above 50-Day Moving Average – Time to Sell?

UPM-Kymmene Co. (OTCMKTS:UPMKYGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $26.45 and traded as high as $26.55. UPM-Kymmene shares last traded at $26.4501, with a volume of 6,600 shares changing hands.

UPM-Kymmene Price Performance

The company has a market capitalization of $14.12 billion, a PE ratio of 9.98 and a beta of 1.23. The stock’s 50 day simple moving average is $26.45 and its 200-day simple moving average is $26.45.

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.

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