Zacks Investment Research downgraded shares of SCA (OTCMKTS:SVCBY) from a buy rating to a hold rating in a report released on Tuesday, April 3rd.
According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “
SVCBY stock opened at $10.95 on Tuesday. The company has a quick ratio of 0.48, a current ratio of 0.94 and a debt-to-equity ratio of 0.10. The firm has a market cap of $6,922.06, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 2.60 and a beta of 0.60. SCA has a 52-week low of $6.92 and a 52-week high of $35.36.
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Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers timber products for the private forest owners; and supplies wood-based products for the industrial and building materials trade. It also provides kraft pulp and chemical thermomechanical pulp; by-products, such as turpentine and tall oil; and green electricity and district heating under the Celeste, Star, and Cirrus brands.
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