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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $11.7750, but opened at $11.31. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.2905, with a volume of 3,137 shares traded.

Analyst Ratings Changes

Separately, Itau BBA Securities downgraded shares of Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company has a market cap of $6.86 billion, a price-to-earnings ratio of 16.91 and a beta of 0.76. 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 fifty day simple moving average of $11.77 and a 200 day simple moving average of $10.70.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its quarterly earnings data on Thursday, January 22nd. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. The business had revenue of $794.62 million during the quarter, compared to the consensus estimate of $797.86 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.71% and a return on equity of 188.20%.

About Kimberly-Clark de Mexico SAB de CV

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.