Klabin (OTCMKTS:KLBAY) Sees Unusually-High Trading Volume – Here’s Why

Klabin SA (OTCMKTS:KLBAYGet Free Report) shares saw unusually-strong trading volume on Friday . Approximately 27,239 shares traded hands during mid-day trading, an increase of 463% from the previous session’s volume of 4,842 shares.The stock last traded at $7.17 and had previously closed at $7.1740.

Klabin Stock Performance

The company has a market capitalization of $22.38 billion, a price-to-earnings ratio of 29.00, a price-to-earnings-growth ratio of 2.14 and a beta of 0.65. 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 company’s fifty day simple moving average is $6.72 and its two-hundred day simple moving average is $7.16.

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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