Klabin (OTCMKTS:KLBAY) Sets New 12-Month Low – What’s Next?

Klabin S.A. (OTCMKTS:KLBAY)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $6.53 and last traded at $6.53, with a volume of 14078 shares changing hands. The stock had previously closed at $7.60.

Klabin Trading Down 2.0 %

The business’s 50-day moving average price is $7.27 and its two-hundred day moving average price is $7.40. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.30 and a quick ratio of 1.76. The firm has a market cap of $20.05 billion, a price-to-earnings ratio of 10.07, a price-to-earnings-growth ratio of 6.41 and a beta of 1.04.

Klabin Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 10th will be given a $0.0718 dividend. The ex-dividend date of this dividend is Monday, March 10th. Klabin’s dividend payout ratio is presently 10.91%.

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.