Shares of Klabin SA (OTCMKTS:KLBAY) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.73 and traded as low as $7.81. Klabin shares last traded at $7.81, with a volume of 0 shares changing hands.
The firm has a fifty day moving average of $8.39 and a two-hundred day moving average of $8.71. The company has a current ratio of 4.30, a quick ratio of 3.80 and a debt-to-equity ratio of 2.98.
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 29th. Investors of record on Monday, August 19th will be paid a $0.091 dividend. The ex-dividend date of this dividend is Friday, August 16th. This represents a $0.36 annualized dividend and a dividend yield of 5.06%.
About Klabin (OTCMKTS:KLBAY)
Klabin SA, together with its subsidiaries, operates in the paper and pulp industry in Brazil. It operates through Forestry, Paper, Conversion, and Pulp segments. The Forestry segment plants and grows pine and eucalyptus trees; and sells timber to third parties. The Paper segment produces and sells cardboard, kraftliner, and recycled paper rolls.
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