Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – Here’s What Happened

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped down before the market opened on Friday . The stock had previously closed at $11.4250, but opened at $10.70. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.5345, with a volume of 2,252 shares changing hands.

Analyst Ratings Changes

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

Kimberly-Clark de Mexico SAB de CV Trading Up 1.4%

The firm has a market cap of $7.12 billion, a PE ratio of 15.65 and a beta of 0.67. 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 price of $11.25 and a two-hundred day moving average price of $11.52.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its quarterly earnings data on Tuesday, July 21st. The basic materials company reported $0.20 EPS for the quarter, hitting the consensus estimate 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 business had revenue of $830.35 million for the quarter, compared to analyst estimates of $839.55 million.

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.