Klabin SA (OTCMKTS:KLBAY) Short Interest Update

Klabin SA (OTCMKTS:KLBAY) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 36,286 shares, a drop of 75.5% from the November 30th total of 148,339 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 116,947 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 116,947 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Jefferies Financial Group upgraded shares of Klabin to a “strong-buy” rating in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.

Klabin Price Performance

KLBAY traded down $0.65 on Friday, reaching $7.03. The company had a trading volume of 6,617 shares, compared to its average volume of 35,633. The company has a market capitalization of $21.94 billion, a P/E ratio of 14.20, a PEG ratio of 1.69 and a beta of 0.88. The company has a current ratio of 2.12, a quick ratio of 1.67 and a debt-to-equity ratio of 2.32. The company has a fifty day moving average of $6.97 and a 200-day moving average of $6.93. Klabin has a one year low of $5.51 and a one year high of $10.23.

Klabin (OTCMKTS:KLBAY) last issued its quarterly earnings results on Tuesday, November 4th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.11). The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $976.55 million. Klabin had a net margin of 7.93% and a return on equity of 14.04%. As a group, equities research analysts anticipate that Klabin will post 0.02 earnings per share for the current year.

Klabin Company Profile

Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company’s activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.

As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.