Klabin (OTCMKTS:KLBAY) Upgraded to Hold at UBS Group

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

Klabin Price Performance

OTCMKTS:KLBAY traded down $0.70 during trading hours on Thursday, reaching $5.59. 795 shares of the company traded hands, compared to its average volume of 4,432. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.30 and a quick ratio of 1.76. The firm’s 50-day moving average is $6.97 and its 200-day moving average is $7.22. The stock has a market cap of $17.27 billion, a P/E ratio of 8.67, a P/E/G ratio of 6.41 and a beta of 0.95. Klabin has a 1-year low of $5.57 and a 1-year high of $9.19.

Klabin Company Profile

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.