UPM-Kymmene Oyj (OTCMKTS:UPMMY – Get Free Report)’s stock price dropped 0.9% during trading on Tuesday. The company traded as low as $27.71 and last traded at $27.76. 49,433 shares changed hands during trading, a decline of 28% from the average session volume of 68,335 shares. The stock had previously closed at $28.01.
UPM-Kymmene Oyj Stock Performance
The firm has a 50-day moving average of $28.17 and a 200 day moving average of $28.37.
About UPM-Kymmene Oyj
UPM-Kymmene Oyj is a Finnish forest industry company that develops and manufactures renewable, fiber-based products. Its businesses include pulp, timber, plywood, specialty papers, communication papers, self-adhesive label materials, and renewable fuels and chemicals. The company also operates hydroelectric power generation assets through its energy business.
UPM serves customers in packaging, labeling, publishing, printing, construction, energy, and other industrial markets. Its products are sold internationally, with operations and production facilities across Europe, North and South America, and Asia.
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