Klabin S.A. (OTCMKTS:KLBAY – Get Free Report) announced a dividend on Tuesday, November 5th,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0995 per share by the basic materials company on Monday, December 2nd. The ex-dividend date is Friday, November 15th.
Klabin Stock Performance
Klabin stock opened at $7.41 on Wednesday. The company has a debt-to-equity ratio of 2.89, a current ratio of 2.85 and a quick ratio of 2.39. The firm has a market capitalization of $4.58 billion, a P/E ratio of 11.50, a price-to-earnings-growth ratio of 2.88 and a beta of 1.13. Klabin has a 1-year low of $6.75 and a 1-year high of $9.33. The company’s 50-day moving average is $7.49 and its 200 day moving average is $7.70.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded Klabin from a “strong sell” rating to a “hold” rating in a report 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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