Shares of Klabin SA (OTCMKTS:KLBAY - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 upgraded shares of Klabin to a "hold" rating in a research note on Thursday, April 10th.
Check Out Our Latest Stock Analysis on KLBAY
Klabin Trading Up 0.8%
The company has a market cap of $20.44 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 0.50 and a beta of 1.03. The company has a debt-to-equity ratio of 3.06, a quick ratio of 1.44 and a current ratio of 1.96. The business's 50 day moving average price is $6.52 and its 200-day moving average price is $6.94.
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 analysts' consensus estimates of $0.32 by ($0.21). The firm had revenue of $828.57 million for the quarter, compared to analyst estimates of $4.80 billion. Klabin had a return on equity of 16.26% and a net margin of 8.66%. On average, research analysts forecast that Klabin SA will post 0.02 EPS for the current year.
Klabin Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, June 2nd. Investors of record on Tuesday, May 20th were given a dividend of $0.0126 per share. This represents a dividend yield of 4.78%. The ex-dividend date was Monday, May 19th. Klabin's dividend payout ratio (DPR) is currently 62.75%.
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.
Further Reading
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