Shares of Klabin S.A. (OTCMKTS:KLBAY - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.50 and traded as high as $7.63. Klabin shares last traded at $7.63, with a volume of 714 shares.
Separately, The Goldman Sachs Group upgraded Klabin from a "strong sell" rating to a "hold" rating in a research report on Wednesday, October 30th.
Get Our Latest Analysis on Klabin
The company has a debt-to-equity ratio of 2.89, a quick ratio of 2.39 and a current ratio of 2.85. The stock has a fifty day moving average of $7.34 and a 200 day moving average of $7.50. The company has a market capitalization of $4.71 billion, a PE ratio of 11.84, a PEG ratio of 14.92 and a beta of 1.07.
The business also recently announced a dividend, which will be paid on Monday, March 24th. Investors of record on Monday, December 23rd will be given a dividend of $0.0718 per share. The ex-dividend date is Monday, December 23rd. Klabin's dividend payout ratio is 37.50%.
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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