Klabin S.A. (OTCMKTS:KLBAY – Get Free Report) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.0718 per share by the basic materials company on Monday, March 24th. The ex-dividend date is Monday, December 23rd.
Klabin Price Performance
Shares of KLBAY stock opened at $7.44 on Friday. The business’s fifty day moving average is $7.32 and its 200 day moving average is $7.56. The company has a quick ratio of 2.39, a current ratio of 2.85 and a debt-to-equity ratio of 2.89. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 15.25 and a beta of 1.10. Klabin has a twelve month low of $6.75 and a twelve month high of $9.33.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded shares of Klabin from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 30th.
About Klabin
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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