Price Action To Observe: What’s Ahead for Fibria Celulose SA (ADR) After Today’s Significant Increase?

Price Action To Observe: What's Ahead for Fibria Celulose SA (ADR) After Today's Significant Increase?

The stock of Fibria Celulose SA (ADR) (NYSE:FBR) is a huge mover today! The stock increased 3.79% or $0.32 during the last trading session, hitting $8.76. About 1.95M shares traded hands or 13.37% up from the average. Fibria Celulose SA (ADR) (NYSE:FBR) has declined 7.35% since April 20, 2016 and is downtrending. It has underperformed by 11.91% the S&P500.
The move comes after 7 months positive chart setup for the $4.90B company. It was reported on Nov, 22 by Barchart.com. We have $9.11 PT which if reached, will make NYSE:FBR worth $196.00M more.

Fibria Celulose SA (ADR) (NYSE:FBR) Ratings Coverage

Out of 4 analysts covering Fibria Celulose (NYSE:FBR), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Fibria Celulose has been the topic of 6 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Goldman Sachs on Monday, December 14. Zacks downgraded Fibria Celulose SA (ADR) (NYSE:FBR) on Monday, August 10 to “Buy” rating. The firm has “Neutral” rating by Bank of America given on Thursday, July 21. On Friday, October 9 the stock rating was upgraded by Citigroup to “Buy”. The firm earned “Equal Weight” rating on Friday, July 24 by Morgan Stanley.

According to Zacks Investment Research, “Fibria Celulose S.A., is a Brazil-based paper product company which produces bleached eucalyptus pulp exclusively from renewable plantations, which is mainly targeted to the main consumer markets and is also used for their own manufacturing of paper products. The Company’s paper products can be divided into three major categories: uncoated and coated printing and writing papers; carbonless papers and thermal papers. Coated printing and writing paper is used for promotional materials, folders, internal sheets and cover of magazines, books, tabloids, inserts and mailing. Uncoated printing and writing paper is used in reels, sheets and cut-size designed for maximum performance in photocopying machines and laser and inkjet printers, and alkaline offset paper. Carbonless paper is used in producing multi-copy forms for credit card receipts, invoices and other applications. Thermal paper is used in fax machines, supermarket receipts, bar code labels, toll tickets and receipts for automated teller machines.”

Insitutional Activity: The institutional sentiment increased to 0.99 in Q2 2016. Its up 0.10, from 0.89 in 2016Q1. The ratio increased, as 35 funds sold all Fibria Celulose SA (ADR) shares owned while 39 reduced positions. 20 funds bought stakes while 46 increased positions. They now own 33.90 million shares or 18.52% more from 28.60 million shares in 2016Q1.
Mitsubishi Ufj Trust And Banking has 114,167 shares for 0% of their US portfolio. Royal State Bank Of Canada owns 16,286 shares or 0% of their US portfolio. Manufacturers Life The holds 0% of its portfolio in Fibria Celulose SA (ADR) (NYSE:FBR) for 16,366 shares. Babson Ltd Liability accumulated 41,300 shares or 0.01% of the stock. Moreover, Amer Group has 1.4% invested in Fibria Celulose SA (ADR) (NYSE:FBR) for 1.40M shares. Wellington Mngmt Gp Limited Liability Partnership has 22,435 shares for 0% of their US portfolio. Advisory Svcs Limited Liability Company owns 27,546 shares or 0.04% of their US portfolio. Cetera Advsrs Ltd Limited Liability Company holds 97,718 shares or 0.1% of its portfolio. Cedar Hill Assocs Limited Company accumulated 0.59% or 266,150 shares. Ellington Mgmt Lc reported 19,000 shares or 0.34% of all its holdings. Metropolitan Life Ny reported 16,834 shares or 0% of all its holdings. Quantitative Systematic Strategies owns 13,785 shares or 0.08% of their US portfolio. Legal And General Grp Incorporated Public Limited Company holds 3,740 shares or 0% of its portfolio. The Pennsylvania-based Glenmede Tru Na has invested 0% in Fibria Celulose SA (ADR) (NYSE:FBR). Us Bancshares De reported 63 shares or 0% of all its holdings.

Insider Transactions: Since June 3, 2016, the stock had 1 insider buy, and 0 selling transactions for $251,516 net activity. On Friday, June 3 BILLINGS ERIC F bought $251,516 worth of the stock or 18,516 shares.

More news for Fibria Celulose SA (ADR) (NYSE:FBR) were recently published by: Quotes.Wsj.com, which released: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. Livetradingnews.com‘s article titled: “Fibria Celulose SA (ADR)(NYSE:FBR) Trending Below Average” and published on October 17, 2016 is yet another important article.

FBR Company Profile

Fibria Celulose S.A. (Fibria), incorporated on July 25, 1941, 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. The Company’s segment is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espírito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacareí (State of Sao Paulo) and Veracel (State of Bahia). The Firm has approximately 970 thousand hectares (owned and leased, excluding the forestry partnership program areas, the forest base linked to the sale of forest assets in Southern Bahia State and Losango) located in over seven Brazilian states. Approximately 570 thousand hectares of its total forestry land consisted of planted areas, approximately 340 thousand hectares of conservation areas with native vegetation, or preserved areas, and over 60 thousand hectares related to other uses, such as roads. The Firm produces bleached eucalyptus kraft pulp at three pulp mills, which include Aracruz mill, Tres Lagoas pulp mill and Jacarei pulp mill.

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