Klabin S.A. (OTCMKTS:KLBAY – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, an increase of 100.0% from the June 30th total of 300 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 0.6 days.
Klabin Price Performance
Shares of OTCMKTS KLBAY traded down $0.14 during midday trading on Friday, hitting $7.54. 1,216 shares of the company’s stock were exchanged, compared to its average volume of 396. Klabin has a twelve month low of $6.75 and a twelve month high of $9.33. The firm has a market cap of $4.66 billion, a P/E ratio of 11.51 and a beta of 1.12. The stock’s 50 day moving average price is $7.78 and its 200-day moving average price is $8.12.
Klabin (OTCMKTS:KLBAY – Get Free Report) last announced its quarterly earnings results on Friday, April 26th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $894.74 million for the quarter. On average, analysts expect that Klabin will post 0.4 EPS for the current fiscal year.
Klabin Increases Dividend
About Klabin
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.
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