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

by · The Cerbat Gem

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $11.4250, but opened at $10.70. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.5345, with a volume of 2,252 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, 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 has an average rating of “Hold”.

View Our Latest Stock Analysis on KCDMY

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a market capitalization of $7.12 billion, a price-to-earnings ratio of 15.65 and a beta of 0.67. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 7.18. The company’s 50 day simple moving average is $11.25 and its 200-day simple moving average is $11.52.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The basic materials company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. The business had revenue of $830.35 million during the quarter, compared to analyst estimates of $839.55 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 14.11% and a return on equity of 170.79%.

About Kimberly-Clark de Mexico SAB de CV

(Get Free Report)

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.

See Also