UPM-Kymmene (OTCMKTS:UPMKY) Shares Climb 3.3% – Here’s Why

UPM-Kymmene Co. (OTCMKTS:UPMKY – Get Free Report) was up 3.3% during mid-day trading on Tuesday. The stock traded as high as $26.55 and last traded at $26.4501. Approximately 6,600 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 46,511 shares. The stock had previously closed at $25.61.

UPM-Kymmene Stock Up 3.3%

The company has a market cap of $14.12 billion, a P/E ratio of 9.98 and a beta of 1.23. The business has a fifty day moving average of $26.45 and a 200 day moving average of $26.45.

About UPM-Kymmene

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UPM-Kymmene is a Finnish forest industry company that makes products from renewable wood-based materials. Its businesses include pulp and timber, label materials, specialty and communication papers, plywood, energy, and renewable fuels and chemicals. The company serves customers in markets around the world, with operations and production across several regions. Its products are used in areas such as packaging, labeling, printing, construction, and transportation fuels. UPM-Kymmene was formed in 1996 through the merger of Kymmene Corporation and Repola, whose businesses included United Paper Mills.

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