Billerud AB (publ) (OTCMKTS:BLRDF) Shares Up 0.8% – Still a Buy?

Billerud AB (publ) (OTCMKTS:BLRDFGet Free Report)’s share price traded up 0.8% during trading on Thursday . The stock traded as high as $9.00 and last traded at $9.00. 1,400 shares were traded during mid-day trading, a decline of 5% from the average session volume of 1,467 shares. The stock had previously closed at $8.93.

Billerud AB (publ) Stock Performance

The firm’s fifty day moving average price is $9.30 and its two-hundred day moving average price is $9.16.

Billerud AB (publ) Company Profile

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Billerud AB (publ) is a Sweden-based pulp and paper company specializing in sustainable packaging materials and solutions. The company produces a range of fibre-based products, including containerboard, corrugating medium, sack kraft paper and speciality paper. Through its integrated production network, Billerud AB supplies raw materials and finished solutions to customers in the consumer packaging, e-commerce, food service and industrial sectors.

The roots of Billerud AB date back to the establishment of the Gruvön mill in 1647 and the Korsnäs operations in the mid-19th century.

Further Reading

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