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Klabin (OTCMKTS:KLBAY) Sets New 1-Year Low - What's Next?

Klabin logo with Basic Materials background
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Shares of Klabin S.A. (OTCMKTS:KLBAY - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $6.80 and last traded at $7.60, with a volume of 2351 shares traded. The stock had previously closed at $7.40.

Klabin Price Performance

The company has a current ratio of 2.30, a quick ratio of 1.76 and a debt-to-equity ratio of 2.92. The stock has a 50-day moving average price of $7.31 and a 200 day moving average price of $7.43. The stock has a market capitalization of $23.48 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 6.41 and a beta of 1.04.

Klabin Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.0718 per share. The ex-dividend date is Monday, March 10th. Klabin's dividend payout ratio (DPR) is currently 10.91%.

About Klabin

(Get Free Report)

Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.

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