Klabin (OTCMKTS:KLBAY) Shares Cross Below 200-Day Moving Average - Should You Sell?

Shares of Klabin S.A. (OTCMKTS:KLBAY - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.09 and traded as low as $6.46. Klabin shares last traded at $6.46, with a volume of 407 shares traded.

Wall Street Analyst Weigh In

Separately, UBS Group raised Klabin to a "hold" rating in a report on Thursday, April 10th.

Klabin Stock Up 0.1 %

The company's 50 day moving average price is $6.63 and its two-hundred day moving average price is $7.08. 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 firm has a market cap of $19.79 billion, a PE ratio of 9.94, a PEG ratio of 6.41 and a beta of 1.05.

Klabin Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were issued a dividend of $0.0718 per share. The ex-dividend date was Monday, March 10th. Klabin's dividend payout ratio is presently 10.91%.

About Klabin

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.