Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up – Still a Buy?

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped up prior to trading on Monday . The stock had previously closed at $11.34, but opened at $11.93. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.93, with a volume of 1,493 shares trading hands.

Analyst Ratings Changes

A number of research firms recently issued reports on KCDMY. Itau BBA Securities lowered Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. HSBC lowered 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, According to data from MarketBeat.com, Kimberly-Clark de Mexico SAB de CV presently has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Trading Up 0.8%

The company has a market cap of $7.15 billion, a PE ratio of 16.49 and a beta of 0.68. The business has a 50 day simple moving average of $11.87 and a two-hundred day simple moving average of $11.11.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its quarterly earnings results on Tuesday, April 21st. The basic materials company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a return on equity of 168.57% and a net margin of 13.92%.The business had revenue of $827.16 million for the quarter, compared to analysts’ expectations 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.