Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.56 and traded as low as $10.95. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.04, with a volume of 38,979 shares traded.

Analyst Ratings Changes

A number of analysts have recently commented on KCDMY shares. HSBC lowered 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 lowered 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 equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The stock has a market capitalization of $6.79 billion, a price-to-earnings ratio of 15.77 and a beta of 0.67. The company’s fifty day simple moving average is $11.56 and its 200 day simple moving average is $11.32. The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 11.44.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its quarterly earnings data 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). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 164.99%. The company had revenue of $827.16 million during the quarter, compared to analyst estimates of $789.47 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.