Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Sees Large Decline in Short Interest

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 77,464 shares, a decrease of 71.3% from the July 30th total of 269,562 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 64,913 shares, the short-interest ratio is currently 1.2 days.

Analysts Set New Price Targets

Separately, HSBC downgraded shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Kimberly-Clark de Mexico SAB de CV currently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Up 0.0%

Shares of OTCMKTS KCDMY traded up $0.00 on Thursday, hitting $11.81. The company had a trading volume of 14,714 shares, compared to its average volume of 48,111. Kimberly-Clark de Mexico SAB de CV has a 12-month low of $8.25 and a 12-month high of $12.84. The business has a 50 day moving average of $11.31 and a two-hundred day moving average of $11.53. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 7.18. The firm has a market capitalization of $7.26 billion, a P/E ratio of 15.96 and a beta of 0.67.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its earnings results on Tuesday, July 21st. The basic materials company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. The business had revenue of $830.35 million for the quarter, compared to the consensus estimate of $839.55 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 170.79% and a net margin of 14.11%.

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.