Klabin (OTCMKTS:KLBAY) Upgraded at UBS Group

Klabin (OTCMKTS:KLBAY) was upgraded by stock analysts at UBS Group to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Klabin Price Performance

Shares of KLBAY traded down $0.70 on Thursday, reaching $5.59. The stock had a trading volume of 795 shares, compared to its average volume of 4,432. Klabin has a twelve month low of $5.57 and a twelve month high of $9.19. The firm has a market capitalization of $17.27 billion, a PE ratio of 8.67, a PEG ratio of 6.41 and a beta of 0.95. The firm has a 50-day moving average of $6.97 and a 200 day moving average of $7.22. The company has a quick ratio of 1.76, a current ratio of 2.30 and a debt-to-equity ratio of 2.92.

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.