Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – Time to Sell?

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped down prior to trading on Wednesday . The stock had previously closed at $11.69, but opened at $11.00. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.70, with a volume of 7,192 shares trading hands.

Wall Street Analyst Weigh In

Separately, HSBC lowered shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Up 0.3%

The stock has a 50-day moving average of $11.03 and a 200-day moving average of $11.48. The company has a debt-to-equity ratio of 11.44, a current ratio of 1.55 and a quick ratio of 1.36. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 15.76 and a beta of 0.67.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly earnings data on Tuesday, July 21st. The basic materials company reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $830.35 million during the quarter, compared to analysts’ expectations of $839.55 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 164.54% and a net margin of 14.11%.

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.