Sappi (OTCMKTS:SPPJY) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Sappi Limited (OTCMKTS:SPPJY)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.56 and traded as low as $1.95. Sappi shares last traded at $2.08, with a volume of 5,002 shares.

Sappi Price Performance

The company has a 50-day moving average of $2.15 and a 200-day moving average of $2.56. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 5.47 and a beta of 0.74. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.76 and a current ratio of 1.52.

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