Klabin (OTCMKTS:KLBAY) Raised to “Hold” at UBS Group

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

Klabin Stock Performance

Klabin stock opened at $6.12 on Thursday. Klabin has a fifty-two week low of $5.57 and a fifty-two week high of $9.19. The stock’s 50 day simple moving average is $6.94 and its two-hundred day simple moving average is $7.21. The company has a debt-to-equity ratio of 2.92, a quick ratio of 1.76 and a current ratio of 2.30. The stock has a market cap of $18.91 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 6.41 and a beta of 0.95.

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.