Klabin (OTCMKTS:KLBAY) Shares to Split on Tuesday, May 7th

Klabin S.A. (OTCMKTS:KLBAYFree Report) shares are scheduled to split before the market opens on Tuesday, May 7th. The 11-10 split was announced on Tuesday, May 7th. The newly issued shares will be payable to shareholders after the closing bell on Tuesday, May 7th.

Klabin Price Performance

Klabin stock opened at $9.03 on Monday. Klabin has a 12 month low of $7.42 and a 12 month high of $10.26. The business has a 50 day simple moving average of $9.32 and a 200-day simple moving average of $9.12. The stock has a market capitalization of $5.07 billion, a PE ratio of 9.31, a price-to-earnings-growth ratio of 0.61 and a beta of 1.09.

Klabin (OTCMKTS:KLBAYGet Free Report) last released its quarterly earnings results on Tuesday, February 6th. The basic materials company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.02). The firm had revenue of $908.49 million during the quarter. As a group, equities research analysts anticipate that Klabin will post 1.18 EPS for the current year.

Klabin Company Profile

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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.

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