Klabin SA (OTCMKTS:KLBAY – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.15 and traded as low as $6.76. Klabin shares last traded at $6.76, with a volume of 575 shares.
Klabin Trading Up 2.0%
The company has a quick ratio of 1.37, a current ratio of 1.78 and a debt-to-equity ratio of 2.01. The firm’s 50-day simple moving average is $6.69 and its 200 day simple moving average is $7.15. The stock has a market capitalization of $21.51 billion, a P/E ratio of 27.88, a PEG ratio of 2.07 and a beta of 0.65.
Klabin Company Profile
Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company’s activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.
As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.
Further Reading
- Five stocks we like better than Klabin
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for Klabin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klabin and related companies with MarketBeat.com's FREE daily email newsletter.
