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

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) 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 traded.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports 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 analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The company’s 50-day moving average is $11.35 and its two-hundred day moving average is $11.37. The company has a debt-to-equity ratio of 11.44, a current ratio of 1.55 and a quick ratio of 1.36. The firm has a market cap of $6.68 billion, a P/E ratio of 15.52 and a beta of 0.67.

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