Klabin (OTCMKTS:KLBAY - Get Free Report) was upgraded by equities research analysts at The Goldman Sachs Group from a "strong sell" rating to a "hold" rating in a report released on Wednesday, Zacks.com reports.
Klabin Trading Down 0.8 %
KLBAY stock traded down $0.06 during mid-day trading on Wednesday, reaching $7.22. 237 shares of the stock traded hands, compared to its average volume of 1,614. Klabin has a one year low of $6.75 and a one year high of $9.33. The stock has a market capitalization of $4.46 billion, a PE ratio of 13.74, a PEG ratio of 2.76 and a beta of 1.12. The company has a debt-to-equity ratio of 2.89, a quick ratio of 2.39 and a current ratio of 2.85. The business has a 50-day moving average price of $7.58 and a two-hundred day moving average price of $7.76.
Klabin (OTCMKTS:KLBAY - Get Free Report) last issued its quarterly earnings results on Monday, July 29th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter. Klabin had a return on equity of 12.46% and a net margin of 8.84%. The firm had revenue of $934.43 million during the quarter. Equities research analysts expect that Klabin will post 0.58 EPS for the current year.
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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