Klabin SA (OTCMKTS:KLBAY – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 13,345 shares changed hands during trading, an increase of 160% from the previous session’s volume of 5,125 shares.The stock last traded at $6.50 and had previously closed at $6.61.
Klabin Stock Up 4.5%
The firm has a market cap of $21.16 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 0.88 and a beta of 0.65. The business’s 50 day moving average price is $7.03 and its 200 day moving average price is $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.
Klabin Company Profile
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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