Klabin S.A. (OTCMKTS:KLBAY – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $10.00 and last traded at $9.69, with a volume of 21623 shares changing hands. The stock had previously closed at $9.45.
Klabin Price Performance
The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 5.68, a PEG ratio of 1.82 and a beta of 1.09. The firm has a fifty day moving average of $9.40 and a 200 day moving average of $8.51.
Klabin Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, August 25th. Investors of record on Monday, August 14th were paid a $0.0977 dividend. The ex-dividend date of this dividend was Friday, August 11th. Klabin’s dividend payout ratio (DPR) is 23.78%.
Klabin Company Profile
Klabin SA, together with its subsidiaries, operates in the paper and pulp industry in Brazil and internationally. The company engages in the planting and forestry operations of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine) and fluff, and fluffed pulp; and paperboard, Kraft paper, and recycled paper.
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