Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.15 and traded as high as $11.72. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.59, with a volume of 62,251 shares trading hands.

Analyst Upgrades and Downgrades

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

Kimberly-Clark de Mexico SAB de CV Price Performance

The stock has a market capitalization of $7.12 billion, a PE ratio of 15.65 and a beta of 0.67. The firm’s 50 day simple moving average is $11.17 and its 200 day simple moving average is $11.52. The company has a debt-to-equity ratio of 7.18, a current ratio of 1.71 and a quick ratio of 1.36.

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, hitting analysts’ consensus estimates of $0.20. Kimberly-Clark de Mexico SAB de CV had a net margin of 14.11% and a return on equity of 170.79%. The firm had revenue of $830.35 million during the quarter, compared to analyst estimates of $839.55 million.

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.