Klabin (OTCMKTS:KLBAY) Shares to Split on Tuesday, May 7th

Shares of Klabin S.A. (OTCMKTS:KLBAYFree Report) are set to split on the morning of Tuesday, May 7th. The 11-10 split was announced on Tuesday, May 7th. The newly minted shares will be payable to shareholders after the market closes on Tuesday, May 7th.

Klabin Stock Performance

OTCMKTS:KLBAY opened at $9.03 on Monday. The stock’s 50-day simple moving average is $9.32 and its 200 day simple moving average is $9.12. The company has a market cap of $5.07 billion, a P/E ratio of 9.31, a P/E/G ratio of 0.61 and a beta of 1.09. Klabin has a 52-week low of $7.42 and a 52-week high of $10.26.

Klabin (OTCMKTS:KLBAYGet Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The basic materials company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The firm had revenue of $908.49 million during the quarter. As a group, equities analysts predict that Klabin will post 1.18 earnings per share for the current fiscal year.

Klabin Company Profile

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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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