Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.91 and traded as low as $9.8020. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.17, with a volume of 22,206 shares traded.

Analyst Upgrades and Downgrades

Separately, Itau BBA Securities upgraded Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Kimberly-Clark de Mexico SAB de CV has an average rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The business has a 50 day simple moving average of $9.91 and a two-hundred day simple moving average of $9.50. The firm has a market cap of $6.25 billion, a PE ratio of 16.67 and a beta of 0.77. The company has a quick ratio of 0.97, a current ratio of 1.19 and a debt-to-equity ratio of 4.62.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its earnings results on Thursday, October 23rd. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a return on equity of 145.62% and a net margin of 13.02%.The company had revenue of $728.43 million for the quarter, compared to the consensus estimate of $723.40 million.

Kimberly-Clark de Mexico SAB de CV Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, October 2nd were given a $0.1121 dividend. The ex-dividend date was Wednesday, October 1st. This represents a dividend yield of 424.0%. Kimberly-Clark de Mexico SAB de CV’s payout ratio is currently 18.03%.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, S. A. B. de C. V., together with its subsidiaries, manufactures, distributes, and markets disposable products in Mexico. The company offers baby diapers, training pants, swim pants, wet wipes, shampoos, creams, bar soaps, and feeding products. It also provides toilet papers, napkins, facial tissues, paper towels, feminine pads, panty liners, tampons, intimate wipes, and menstrual cups.