Klabin (OTCMKTS:KLBAY) Issues Quarterly Earnings Results

Klabin (OTCMKTS:KLBAY) announced its earnings results on Wednesday. The basic materials company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02), Zacks reports. Klabin had a return on equity of 3.60% and a net margin of 2.49%.

Klabin Stock Performance

Shares of KLBAY remained flat at $7.17 during midday trading on Wednesday. The stock had a trading volume of 2,594 shares, compared to its average volume of 3,051. The company has a quick ratio of 1.37, a current ratio of 1.78 and a debt-to-equity ratio of 2.01. The firm has a market cap of $22.38 billion, a PE ratio of 29.00, a price-to-earnings-growth ratio of 2.22 and a beta of 0.65. Klabin has a 12-month low of $5.98 and a 12-month high of $10.23. The company’s 50-day moving average is $6.76 and its two-hundred day moving average is $7.16.

About Klabin

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.