Can Suzano S.A. ADR (SUZ) stock recover despite sales dropping?

In yesterday’s Wall Street session, Suzano S.A. ADR (NYSE:SUZ) shares traded at $10.36, down -0.29% from the previous session.

SUZ stock price is now -13.42% away from the 50-day moving average and -4.41% away from the 200-day moving average. The market capitalization of the company currently stands at $13.15B.

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, while ‘Morgan Stanley’ rates the stock as ‘Overweight’

A total of 0.19% of the company’s stock is owned by insiders.

During the past 12 months, Suzano S.A. ADR has had a low of $7.97 and a high of $12.98. As of last week, the company has a debt-to-equity ratio of 1.84, a current ratio of 2.61, and a quick ratio of 2.20.

According to the Paper & Paper Products Company, earnings per share came in at 0.76, missing analysts’ expectations of 0.92 by -0.16. This compares to $1.13 EPS in the same period last year. The net profit margin was 35.14% and return on equity was 36.12% for SUZ. The company reported revenue of $2.11 billion for the quarter, compared to $2.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.94 percent.

Suzano S.A. ADR(SUZ) Company Profile

Suzano S.A. produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials. In addition, the company is involved in the business office, production packaging, and financial fundraising activities; research, development, production, commercialization, and distribution of wood-based textile fibers, yarns, and filaments produced from cellulose and microfibrillated cellulose; and research and development of wood raw materials for the textile industry. Suzano S.A. was formerly known as Suzano Papel e Celulose S.A. and changed its name to Suzano S.A. in April 2019. The company was founded in 1924 and is headquartered in Salvador, Brazil.

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