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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) shares gapped down before the market opened on Thursday . The stock had previously closed at $11.06, but opened at $10.25. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.92, with a volume of 712 shares.

Analyst Ratings Changes

Several research firms recently weighed in on KCDMY. HSBC cut shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research report on Wednesday, April 29th. Itau BBA Securities cut shares of Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 11.44. The stock has a market cap of $6.68 billion, a price-to-earnings ratio of 15.52 and a beta of 0.67. The company has a 50 day simple moving average of $11.35 and a 200 day simple moving average of $11.37.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its earnings results on Tuesday, April 21st. The basic materials company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). The business had revenue of $827.16 million for the quarter, compared to analyst estimates of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 164.99% and a net margin of 13.92%.

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.