SMURFIT KAPPA G / ADR (OTCMKTS: SMFKY) downgraded by Zacks Investment Research to hold



SMURFIT KAPPA G / ADR (OTCMKTS: SMFKY) was reduced by Zacks Investment Research from a "strong-buy" rating to a "hold" rating in a research report issued to customers and investors on Wednesday, August 1.

According to Zacks, Smurfit Kappa Group PLC works as a manufacturer of paper and cardboard and a converter, and is also engaged in the production, distribution and sale of cardboard, corrugated cardboard containers and other paper-based packaging products such as solid board, graphic board and bag-in-box The operational segments of the company consist of Europe and America.The European segment comprises a system of factories and mills that mainly produce cardboard.The US segment includes forestry, paper, corrugated cardboard, paper bags and folding cardboard activities. Smurfit Kappa Group PLC is headquartered in Dublin, Ireland. "

Separately, ValuEngine shares of SMURFIT KAPPA G / ADR decreased from a "buy" rating to a "hold" rating in a study letter on Wednesday, June 6.

The shares of SMURFIT KAPPA G / ADR sold $ 0.07 during trading hours on Wednesday and reached $ 42.70. The share had a trading volume of 10,949 shares, compared with the average volume of 14,923. The company has a market capitalization of $ 9.84 billion, a PE ratio of 21.46, a price-earnings ratio of 2.62 and a beta of -0.69. The company has a short ratio of 0.84, a current ratio of 1.17 and a debt-to-equity ratio of 1.00. SMURFIT KAPPA G / ADR has a 52 week low of $ 28.45 and a 52 week high of $ 45.51.

About SMURFIT KAPPA G / ADR

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes and sells paper-based packaging products. The company is active in Europe and North and South America. It offers container boards, corrugated cardboard containers and other paper packaging, such as solid cardboard, graphic cards and bag-in-box.

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