SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $40.64 and last traded at $40.38, with a volume of 8793 shares. The stock had previously closed at $39.69.
A number of research firms recently weighed in on SMFKY. UBS Group reaffirmed a “buy” rating on shares of SMURFIT KAPPA G/ADR in a research note on Wednesday, June 17th. Zacks Investment Research raised SMURFIT KAPPA G/ADR from a “hold” rating to a “strong-buy” rating and set a $37.00 target price on the stock in a research report on Thursday, June 18th.
The company has a debt-to-equity ratio of 1.17, a current ratio of 1.21 and a quick ratio of 0.84. The business’s fifty day moving average price is $37.16 and its 200-day moving average price is $32.32. The stock has a market capitalization of $9.47 billion, a price-to-earnings ratio of 13.01 and a beta of 0.93.
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. It operates through two segments, Europe and the Americas. The company offers consumer, retail, industrial, e-commerce, heavy-duty corrugated, and hexacomb packaging products, as well as composite cardboard tubes, and bags and sacks; and bag-in-box, a single-use packaging system that comprises films, accessories, bags, taps, and boxes.
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