Klabin (OTCMKTS:KLBAY) Sees Large Volume Increase – What’s Next?

Klabin SA (OTCMKTS:KLBAY) shares saw strong trading volume on Tuesday . 13,311 shares were traded during trading, an increase of 234% from the previous session’s volume of 3,981 shares.The stock last traded at $7.52 and had previously closed at $7.23.

Klabin Price Performance

The company has a market cap of $23.25 billion, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 0.97 and a beta of 0.84. The company has a fifty day simple moving average of $7.08 and a two-hundred day simple moving average of $6.97. The company has a quick ratio of 1.67, a current ratio of 2.12 and a debt-to-equity ratio of 2.32.

Klabin (OTCMKTS:KLBAY) last announced its earnings results on Tuesday, November 4th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.11). Klabin had a return on equity of 14.04% and a net margin of 7.93%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $976.55 million. On average, equities research analysts anticipate that Klabin SA will post 0.02 earnings per share for the current fiscal year.

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.