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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) shares gapped up before the market opened on Friday . The stock had previously closed at $10.25, but opened at $10.8150. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.81, with a volume of 659 shares.

Wall Street Analysts Forecast Growth

KCDMY has been the topic of a number of recent research reports. Itau BBA Securities cut Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a report 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 analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Trading Up 2.5%

The stock has a market capitalization of $6.72 billion, a P/E ratio of 15.61 and a beta of 0.67. The stock has a 50-day moving average price of $11.44 and a two-hundred day moving average price of $11.34. The company has a debt-to-equity ratio of 11.44, a quick ratio of 1.36 and a current ratio of 1.55.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its quarterly earnings data 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). The business had revenue of $827.16 million during the quarter, compared to the consensus estimate of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 164.99% 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.