UPM-Kymmene (OTCMKTS:UPMKY) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

by · The Cerbat Gem

UPM-Kymmene Co. (OTCMKTS:UPMKY – Get Free Report) passed below its 200-day moving average during trading on Tuesday . 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 changing hands.

UPM-Kymmene Stock Up 3.3 %

The company’s fifty day moving average is $26.45 and its 200 day moving average is $26.45. The firm has a market cap of $14.12 billion, a price-to-earnings ratio of 9.98 and a beta of 1.23.

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.

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