Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Short Interest Declines 48.2%

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 84,729 shares, a drop of 48.2% from the September 30th total of 163,425 shares. Based on an average daily trading volume, of 210,974 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Kimberly-Clark de Mexico SAB de CV Stock Performance

Kimberly-Clark de Mexico SAB de CV stock traded up $0.18 during midday trading on Monday, reaching $9.96. 28,513 shares of the company traded hands, compared to its average volume of 51,840. Kimberly-Clark de Mexico SAB de CV has a 12 month low of $8.25 and a 12 month high of $12.84. The company has a debt-to-equity ratio of 7.18, a current ratio of 1.71 and a quick ratio of 1.49. The business has a 50 day moving average of $10.92 and a two-hundred day moving average of $11.36. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 13.28 and a beta of 0.65.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its earnings results on Wednesday, October 21st. The basic materials company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $717.02 million during the quarter, compared to the consensus estimate of $752.24 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 14.09% and a return on equity of 179.50%.

Analyst Upgrades and Downgrades

Separately, UBS Group reissued a “neutral” rating on shares of Kimberly-Clark de Mexico SAB de CV in a research report on Monday, October 19th. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Kimberly-Clark de Mexico SAB de CV currently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, SAB. de C.V. is a Mexican consumer products company that manufactures and markets essential personal care, tissue, and household products. The company is associated with well-known brands such as Huggies, Kleen-Bebé, Kleenex, Kotex, Pétalo, Suavel, and Depend, serving consumers across a range of everyday hygiene and wellness needs.

Its product portfolio includes disposable diapers and training pants, baby wipes, feminine care products, adult incontinence products, facial and bathroom tissue, paper towels, napkins, and related household goods.