Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.81 and traded as low as $11.25. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.3140, with a volume of 31,091 shares changing hands.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on KCDMY shares. Itau BBA Securities cut Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. HSBC cut Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Trading Down 1.1%

The company has a 50 day moving average price of $11.81 and a 200-day moving average price of $11.14. The company has a market cap of $6.96 billion, a P/E ratio of 16.16 and a beta of 0.68.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its quarterly earnings results on Tuesday, April 21st. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 168.57%. The business had revenue of $827.16 million during the quarter, compared to the consensus estimate of $789.47 million.

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.