Klabin S.A. (OTCMKTS:KLBAY - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.13 and traded as low as $6.30. Klabin shares last traded at $6.30, with a volume of 333 shares trading hands.
Analyst Upgrades and Downgrades
Separately, UBS Group raised Klabin to a "hold" rating in a report on Thursday, April 10th.
Read Our Latest Stock Analysis on KLBAY
Klabin Stock Performance
The firm's 50 day moving average price is $6.76 and its two-hundred day moving average price is $7.11. The firm has a market cap of $20.08 billion, a PE ratio of 10.08, a PEG ratio of 6.41 and a beta of 0.95. The company has a debt-to-equity ratio of 2.92, a quick ratio of 1.76 and a current ratio of 2.30.
Klabin Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 10th were given a $0.0718 dividend. The ex-dividend date of this dividend was Monday, March 10th. Klabin's payout ratio is 10.91%.
Klabin Company Profile
(
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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