Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Reaches New 52-Week High – Here’s Why

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $12.37 and last traded at $12.23, with a volume of 39084 shares. The stock had previously closed at $12.35.

Analysts Set New Price Targets

Separately, Itau BBA Securities upgraded Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The firm has a 50-day moving average of $10.99 and a 200 day moving average of $10.25. The company has a market capitalization of $7.52 billion, a PE ratio of 18.53 and a beta of 0.76. The company has a debt-to-equity ratio of 3.60, a current ratio of 1.27 and a quick ratio of 0.97.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its earnings results on Thursday, January 22nd. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.71% and a return on equity of 188.20%. The business had revenue of $794.62 million for the quarter, compared to analysts’ expectations of $797.86 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.