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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price gapped up before the market opened on Monday. The stock had previously closed at $10.68, but opened at $11.29. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.7090, with a volume of 8,829 shares traded.

Wall Street Analysts Forecast Growth

Separately, UBS Group reiterated a “neutral” rating on shares of Kimberly-Clark de Mexico SAB de CV in a research note on Monday. Three analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company has a market cap of $6.53 billion, a PE ratio of 14.35 and a beta of 0.65. The company has a debt-to-equity ratio of 7.18, a quick ratio of 1.49 and a current ratio of 1.71. The stock’s 50-day simple moving average is $11.21 and its 200 day simple moving average is $11.29.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its earnings results on Tuesday, July 21st. The basic materials company reported $0.20 earnings per share for the quarter, meeting 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 the consensus estimate of $839.55 million.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, SAB. de C.V. is a Mexico-based consumer products company that manufactures and markets personal care, family care, and professional hygiene products. The company operates as an affiliate of Kimberly-Clark Corporation and serves consumers, businesses, and institutions primarily in Mexico.

Its product portfolio includes baby care, feminine care, adult care, and household tissue products. Brands associated with Kimberly-Clark de México include Huggies, Kleen-Bebé, Pétalo, Suavel, Kotex, and Depend, along with products sold through professional and institutional channels.

The company has operated in Mexico since 1931 and has developed manufacturing, distribution, and marketing capabilities serving the Mexican market, with some products also reaching international markets.