Fibria Celulose SA (NYSE:FBR) shares reached a new 52-week low during trading on Friday . The stock traded as low as $6.36 and last traded at $6.39, with a volume of 480,823 shares trading hands. The stock had previously closed at $6.44.

Several research analysts recently commented on the company. Zacks Investment Research downgraded Fibria Celulose SA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 2nd. Scotiabank raised Fibria Celulose SA from a “sector perform” rating to a “sector outperform” rating in a research note on Friday, April 1st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $22.06.

The stock’s 50 day moving average is $7.72 and its 200 day moving average is $9.18. The company has a market capitalization of $3.55 billion and a P/E ratio of 6.25.

A hedge fund recently raised its stake in Fibria Celulose SA stock. Morgan Stanley increased its stake in shares of Fibria Celulose SA (NYSE:FBR) by 1,011.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,516,711 shares of the company’s stock after buying an additional 1,380,307 shares during the period. Morgan Stanley owned 0.27% of Fibria Celulose SA worth $19,247,000 at the end of the most recent quarter.

Fibria Celulose SA (Fibria) is a pulp and paper producer. The Company’s activities are focused on the renewable and sustainable forests and the manufacture and sale of bleached eucalyptus kraft pulp. Forests in formation are located in the states of Sao Paulo, Mato Grosso do Sul, Minas Gerais, Rio de Janeiro, Espirito Santo, Bahia and Rio Grande do Sul.

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