Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.69 and traded as low as $10.94. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.09, with a volume of 53,607 shares changing hands.

Wall Street Analyst Weigh In

KCDMY has been the subject of a number of research reports. 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 cut Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Kimberly-Clark de Mexico SAB de CV presently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company has a market capitalization of $6.82 billion, a price-to-earnings ratio of 15.84 and a beta of 0.68. The company has a 50-day moving average price of $11.69 and a 200-day moving average price of $11.21.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its earnings results on Tuesday, April 21st. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). The company had revenue of $827.16 million for the quarter, compared to analyst estimates of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 168.57% and a net margin of 13.92%.

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.