Klabin S.A. (OTCMKTS:KLBAY - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.45 and traded as high as $7.70. Klabin shares last traded at $7.70, with a volume of 5,000 shares traded.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded Klabin from a "strong sell" rating to a "hold" rating in a research note on Wednesday, October 30th.
View Our Latest Stock Report on Klabin
Klabin Price Performance
The firm has a fifty day moving average of $7.32 and a two-hundred day moving average of $7.44. 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 company has a market capitalization of $22.28 billion, a PE ratio of 11.19, a PEG ratio of 6.36 and a beta of 1.08.
Klabin (OTCMKTS:KLBAY - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $901.51 million for the quarter. Klabin had a net margin of 10.95% and a return on equity of 16.80%. Research analysts anticipate that Klabin S.A. will post 0.02 EPS for the current fiscal year.
Klabin Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, March 24th. Investors of record on Monday, December 23rd will be issued a dividend of $0.0718 per share. The ex-dividend date is Monday, December 23rd. Klabin's dividend payout ratio is presently 37.24%.
Klabin Company Profile
(
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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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