Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up – Still a Buy?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $11.05, but opened at $11.65. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.31, with a volume of 2,609 shares.

Analyst Upgrades and Downgrades

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

Kimberly-Clark de Mexico SAB de CV Price Performance

The firm has a market capitalization of $6.97 billion, a P/E ratio of 16.19 and a beta of 0.67. The stock’s fifty day simple moving average is $10.98 and its 200 day simple moving average is $11.43. The company has a debt-to-equity ratio of 11.44, a current ratio of 1.55 and a quick ratio of 1.36.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its quarterly earnings results on Tuesday, April 21st. The basic materials company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The firm had revenue of $827.16 million during the quarter, compared to the consensus estimate 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%.

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.