UPM-Kymmene (OTCMKTS:UPMKY) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

UPM-Kymmene Co. (OTCMKTS:UPMKYGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $26.45 and traded as high as $26.55. UPM-Kymmene shares last traded at $26.45, with a volume of 6,600 shares changing hands.

UPM-Kymmene Price Performance

The business has a fifty day moving average of $26.45 and a 200 day moving average of $26.45. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 9.98 and a beta of 1.23.

UPM-Kymmene Company Profile

(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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