Klabin (OTCMKTS:KLBAY) Sees Large Volume Increase – Time to Buy?

Shares of Klabin SA (OTCMKTS:KLBAY) saw an uptick in 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 Stock Performance

The company has a debt-to-equity ratio of 2.32, a current ratio of 2.12 and a quick ratio of 1.67. The stock’s 50-day moving average price is $7.12 and its 200-day moving average price is $6.98. The company has a market cap of $22.98 billion, a P/E ratio of 14.88, a PEG ratio of 0.99 and a beta of 0.84.

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