Klabin (OTCMKTS:KLBAY) Shares Cross Below 200-Day Moving Average – Time to Sell?

Klabin S.A. (OTCMKTS:KLBAY)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.78 and traded as low as $7.28. Klabin shares last traded at $7.28, with a volume of 7,707 shares traded.

Klabin Stock Performance

The business has a 50 day moving average of $7.59 and a 200-day moving average of $7.77. The stock has a market cap of $4.50 billion, a PE ratio of 11.20, a price-to-earnings-growth ratio of 2.76 and a beta of 1.12. The company has a current ratio of 2.85, a quick ratio of 2.39 and a debt-to-equity ratio of 2.89.

Klabin (OTCMKTS:KLBAY) last issued its quarterly earnings data on Monday, July 29th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $934.43 million for the quarter. Klabin had a return on equity of 12.46% and a net margin of 8.84%. On average, analysts anticipate that Klabin S.A. will post 0.58 EPS for the current year.

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.