Klabin SA (OTCMKTS:KLBAY – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.17 and traded as low as $6.52. Klabin shares last traded at $6.74, with a volume of 837 shares changing hands.
Klabin Trading Up 0.3%
The business has a 50-day simple moving average of $6.72 and a 200-day simple moving average of $7.17. 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 company has a market cap of $21.03 billion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 1.96 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.
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