Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – What’s Next?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $10.98, but opened at $10.31. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.98, with a volume of 1,749 shares traded.

Wall Street Analysts Forecast Growth

Separately, HSBC lowered shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a current ratio of 1.55, a quick ratio of 1.36 and a debt-to-equity ratio of 11.44. The company’s 50-day moving average price is $11.21 and its two-hundred day moving average price is $11.38. The company has a market cap of $6.87 billion, a P/E ratio of 15.96 and a beta of 0.67.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its earnings results on Tuesday, April 21st. The basic materials company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). The firm had revenue of $827.16 million during the quarter, compared to analyst estimates of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 164.99% and a net margin of 13.92%.

Kimberly-Clark de Mexico SAB de CV Company Profile

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.