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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $11.52, but opened at $10.40. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.35, with a volume of 3,310 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Itau BBA Securities raised Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a research 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 currently has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Trading Up 3.9%

The business has a 50-day moving average of $10.90 and a 200-day moving average of $10.19. The company has a debt-to-equity ratio of 3.60, a current ratio of 1.27 and a quick ratio of 0.97. The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 18.18 and a beta of 0.76.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its quarterly earnings results on Thursday, January 22nd. The basic materials company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The firm had revenue of $794.62 million for the quarter, compared to analyst estimates 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%.

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.