Klabin S.A. (OTCMKTS:KLBAY - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.00 and traded as low as $6.82. Klabin shares last traded at $6.82, with a volume of 1,400 shares.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised shares of Klabin to a "hold" rating in a report on Thursday, April 10th.
Check Out Our Latest Analysis on KLBAY
Klabin Stock Performance
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 company's 50-day moving average price is $6.49 and its two-hundred day moving average price is $6.98. The company has a market cap of $20.24 billion, a P/E ratio of 10.16, a price-to-earnings-growth ratio of 6.41 and a beta of 1.05.
Klabin (OTCMKTS:KLBAY - Get Free Report) last announced its earnings results 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 during the quarter, compared to analyst estimates of $4.80 billion. Klabin had a return on equity of 16.80% and a net margin of 10.95%. As a group, equities analysts forecast that Klabin S.A. will post 0.02 earnings per share for the current year.
Klabin Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Tuesday, May 20th will be paid a $0.0126 dividend. This represents a dividend yield of 4.78%. The ex-dividend date of this dividend is Monday, May 19th. 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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