Klabin SA (OTCMKTS:KLBAY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $6.39, but opened at $6.80. Klabin shares last traded at $6.80, with a volume of 1,565 shares trading hands.
Analysts Set New Price Targets
Separately, UBS Group upgraded Klabin to a "hold" rating in a report on Thursday, April 10th.
Check Out Our Latest Stock Report on KLBAY
Klabin Stock Performance
The stock's 50-day moving average price is $6.61 and its 200 day moving average price is $6.91. 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 company has a market cap of $21.38 billion, a P/E ratio of 13.57, a price-to-earnings-growth ratio of 0.53 and a beta of 1.03.
Klabin (OTCMKTS:KLBAY - Get Free Report) last released its quarterly 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 the consensus estimate of $4.80 billion. Klabin had a net margin of 8.66% and a return on equity of 16.26%. As a group, research analysts expect that Klabin SA will post 0.02 EPS for the current fiscal year.
Klabin Cuts Dividend
The business also recently disclosed a dividend, which was paid on Monday, June 2nd. Stockholders of record on Tuesday, May 20th were paid a $0.0126 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 4.78%. Klabin's payout ratio is 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.
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