Klabin (OTCMKTS:KLBAY) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Klabin S.A. (OTCMKTS:KLBAY)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.78 and traded as low as $7.28. Klabin shares last traded at $7.28, with a volume of 7,707 shares.

Klabin Stock Up 2.5 %

The company’s fifty day moving average price is $7.62 and its 200-day moving average price is $7.78. The stock has a market cap of $4.50 billion, a P/E ratio of 11.20, a price-to-earnings-growth ratio of 2.76 and a beta of 1.12. The company has a debt-to-equity ratio of 2.89, a quick ratio of 2.39 and a current ratio of 2.85.

Klabin (OTCMKTS:KLBAY) last released its earnings results on Monday, July 29th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $934.43 million during the quarter. Klabin had a net margin of 8.84% and a return on equity of 12.46%. Equities analysts forecast that Klabin S.A. will post 0.58 EPS for the current year.

Klabin Increases Dividend

The company also recently announced a dividend, which was paid on Monday, August 26th. Stockholders of record on Friday, August 9th were issued a $0.1199 dividend. The ex-dividend date of this dividend was Friday, August 9th. This is a positive change from Klabin’s previous dividend of $0.12. Klabin’s dividend payout ratio (DPR) is 75.38%.

Klabin Company Profile

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.