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

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped down before the market opened on Tuesday . The stock had previously closed at $10.60, but opened at $10.00. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.66, with a volume of 652 shares.

Analyst Ratings Changes

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

Kimberly-Clark de Mexico SAB de CV Trading Down 1.7%

The stock has a market cap of $6.30 billion, a PE ratio of 14.64 and a beta of 0.67. The company has a debt-to-equity ratio of 11.44, a quick ratio of 1.36 and a current ratio of 1.55. The business has a 50-day moving average of $11.46 and a 200 day moving average of $11.34.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly earnings data on Tuesday, April 21st. The basic materials company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The business had revenue of $827.16 million during the quarter, compared to analysts’ expectations of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 164.99%.

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.