Klabin Stock Scheduled to Split on Tuesday, May 7th (OTCMKTS:KLBAY)

Klabin S.A. (OTCMKTS:KLBAY)’s stock is scheduled to split on Tuesday, May 7th. The 11-10 split was announced on Tuesday, May 7th. The newly issued shares will be payable to shareholders after the market closes on Tuesday, May 7th.

Klabin Stock Down 1.1 %

KLBAY opened at $9.00 on Thursday. The firm has a market cap of $5.06 billion, a P/E ratio of 9.28, a PEG ratio of 0.62 and a beta of 1.09. Klabin has a 52 week low of $7.35 and a 52 week high of $10.26. The business’s fifty day simple moving average is $9.30 and its 200 day simple moving average is $9.12.

Klabin (OTCMKTS:KLBAY) last posted its quarterly earnings data on Tuesday, February 6th. The basic materials company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The company had revenue of $908.49 million during the quarter. As a group, equities analysts expect that Klabin will post 1.18 EPS for the current fiscal year.

Klabin Company Profile

Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.