Klabin SA (OTCMKTS:KLBAY – Get Free Report) shares saw strong trading volume on Friday . Approximately 11,000 shares traded hands during trading, an increase of 119% from the previous session’s volume of 5,024 shares.The stock last traded at $6.57 and had previously closed at $6.6480.
Klabin Trading Down 0.6%
The company has a 50 day moving average of $6.88 and a 200 day moving average of $7.24. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.37 and a current ratio of 1.78. The stock has a market capitalization of $20.63 billion, a price-to-earnings ratio of 26.74, a P/E/G ratio of 1.90 and a beta of 0.65.
About Klabin
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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