Klabin (OTCMKTS:KLBAY) Sees Strong Trading Volume – What’s Next?

Klabin SA (OTCMKTS:KLBAYGet Free Report) shares saw an uptick in trading volume on Friday . 11,000 shares were traded during mid-day 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 Price Performance

The company has a debt-to-equity ratio of 2.01, a current ratio of 1.78 and a quick ratio of 1.37. The stock has a 50 day simple moving average of $6.88 and a two-hundred day simple moving average of $7.24. The company has a market cap of $20.63 billion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 1.90 and a beta of 0.65.

Klabin Company Profile

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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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