Klabin (OTCMKTS:KLBAY) Shares Down 5.5% - Should You Sell?

Klabin SA (OTCMKTS:KLBAY - Get Free Report) dropped 5.5% during trading on Tuesday . The stock traded as low as $6.79 and last traded at $6.79. Approximately 300 shares were traded during trading, a decline of 92% from the average daily volume of 3,648 shares. The stock had previously closed at $7.19.

Analyst Ratings Changes

Separately, UBS Group raised shares of Klabin to a "hold" rating in a research note on Thursday, April 10th.

Klabin Price Performance

The company has a market capitalization of $22.65 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 0.56 and a beta of 1.02. The company has a quick ratio of 1.44, a current ratio of 1.96 and a debt-to-equity ratio of 3.06. The firm's 50-day moving average is $6.81 and its 200-day moving average is $6.86.

Klabin (OTCMKTS:KLBAY - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.21). The firm had revenue of $828.57 million for the quarter, compared to the consensus estimate of $4.80 billion. Klabin had a net margin of 8.66% and a return on equity of 16.26%. Equities analysts predict that Klabin SA will post 0.02 earnings per share for the current fiscal year.

Klabin Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, June 2nd. Shareholders of record on Tuesday, May 20th were paid a dividend of $0.0126 per share. This represents a dividend yield of 4.78%. The ex-dividend date of this dividend was Monday, May 19th. Klabin's dividend payout ratio (DPR) is presently 62.75%.

Klabin Company Profile

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.