Klabin SA (OTCMKTS:KLBAY - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.94 and traded as low as $6.62. Klabin shares last traded at $6.62, with a volume of 157 shares changing hands.
Wall Street Analyst Weigh In
Separately, UBS Group raised Klabin to a "hold" rating in a research report on Thursday, April 10th.
Get Our Latest Report on Klabin
Klabin Price Performance
The firm has a market capitalization of $20.08 billion, a PE ratio of 12.75, a PEG ratio of 0.50 and a beta of 1.03. The company has a debt-to-equity ratio of 3.06, a current ratio of 1.96 and a quick ratio of 1.44. The firm has a 50-day simple moving average of $6.56 and a 200-day simple moving average of $6.93.
Klabin (OTCMKTS:KLBAY - Get Free Report) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.21). The firm had revenue of $828.57 million during the quarter, compared to analysts' expectations of $4.80 billion. Klabin had a return on equity of 16.26% and a net margin of 8.66%. As a group, equities analysts forecast that Klabin SA will post 0.02 earnings per share for the current year.
Klabin Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, June 2nd. Shareholders of record on Tuesday, May 20th were given a $0.0126 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a yield of 4.78%. Klabin's payout ratio is 62.75%.
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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