Shares of Klabin S.A. (OTCMKTS:KLBAY – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $6.53 and last traded at $6.53, with a volume of 14078 shares traded. The stock had previously closed at $7.60.
Klabin Stock Down 14.1 %
The company has a market cap of $20.18 billion, a P/E ratio of 10.13, a PEG ratio of 6.41 and a beta of 1.04. The stock’s 50-day moving average price is $7.29 and its 200-day moving average price is $7.42. The company has a current ratio of 2.30, a quick ratio of 1.76 and a debt-to-equity ratio of 2.92.
Klabin Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 10th will be given a dividend of $0.0718 per share. The ex-dividend date is Monday, March 10th. Klabin’s dividend payout ratio (DPR) is presently 10.91%.
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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