Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – Here’s Why

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped down prior to trading on Wednesday . The stock had previously closed at $12.35, but opened at $11.66. Kimberly-Clark de Mexico SAB de CV shares last traded at $12.2299, with a volume of 2,317 shares.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities upgraded shares of Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a current ratio of 1.27, a quick ratio of 0.97 and a debt-to-equity ratio of 3.60. The firm has a market capitalization of $7.61 billion, a PE ratio of 18.74 and a beta of 0.76. The firm’s fifty day moving average price is $11.07 and its 200 day moving average price is $10.28.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its quarterly earnings data on Thursday, January 22nd. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $794.62 million during the quarter, compared to analysts’ expectations of $797.86 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 188.20% and a net margin of 13.71%.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, SAB. de C.V. operates as one of the leading manufacturers of personal care and paper‐based products in Mexico. As a locally managed subsidiary of the global Kimberly-Clark Corporation, the company focuses on the production, marketing and distribution of consumer staples designed for everyday use, ranging from facial and bathroom tissue to diapers and feminine care items.

The company’s portfolio includes well-known brands such as Kleenex and Scott for tissue products, Huggies for baby care, Kotex for feminine hygiene and Depend for adult incontinence.