UPM-Kymmene (OTCMKTS:UPMKY) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

by · The Markets Daily

Shares of UPM-Kymmene Co. (OTCMKTS:UPMKY – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.45 and traded as low as $26.29. UPM-Kymmene shares last traded at $26.45, with a volume of 6,600 shares trading hands.

UPM-Kymmene Trading Up 3.3 %

The company has a market capitalization of $14.12 billion, a PE 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

(Get Free Report)

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.

Read More