UPM-Kymmene (OTCMKTS:UPMKY) Hits New 1-Year Low at $24.20

UPM-Kymmene Co. (OTCMKTS:UPMKY)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $24.20 and last traded at $24.44, with a volume of 6226 shares traded. The stock had previously closed at $24.45.

A number of equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of First Bancorp from a “buy” rating to a “hold” rating in a report on Friday, June 14th. ValuEngine lowered shares of Wave Life Sciences from a “strong-buy” rating to a “buy” rating in a report on Monday, March 25th.

The company has a fifty day simple moving average of $25.87. The company has a market cap of $13.32 billion, a price-to-earnings ratio of 9.22 and a beta of 1.24.

UPM-Kymmene (OTCMKTS:UPMKY) last issued its quarterly earnings data on Friday, April 26th. The basic materials company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. UPM-Kymmene had a net margin of 13.95% and a return on equity of 13.43%. The business had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.03 billion. Sell-side analysts expect that UPM-Kymmene Co. will post 2.39 EPS for the current year.

UPM-Kymmene Company Profile (OTCMKTS:UPMKY)

UPM-Kymmene Oyj operates in the forest-based bio industry. It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides eucalyptus, birch, and softwood pulp grades for tissue, specialty and graphic papers, boards, and packaging; sawn timber for construction, packaging, distribution, joinery, and furniture industries; and wood-based renewable diesel and renewable naphtha for fuel distributors, transportation, and oil and petrochemicals industries.

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