Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – Time to Sell?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) shares gapped down before the market opened on Friday . The stock had previously closed at $9.39, but opened at $8.25. Kimberly-Clark de Mexico SAB de CV shares last traded at $8.25, with a volume of 368 shares changing hands.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities raised shares of Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Kimberly-Clark de Mexico SAB de CV has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Stock Up 1.1%

The firm has a market capitalization of $5.89 billion, a PE ratio of 15.70 and a beta of 0.77. The company’s 50 day simple moving average is $9.89 and its 200-day simple moving average is $9.45. The company has a debt-to-equity ratio of 4.62, a quick ratio of 0.97 and a current ratio of 1.19.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its earnings results on Thursday, October 23rd. The basic materials company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.02% and a return on equity of 145.62%. The company had revenue of $728.43 million during the quarter, compared to analysts’ expectations of $723.40 million.

Kimberly-Clark de Mexico SAB de CV Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, October 2nd were paid a $0.1121 dividend. This represents a yield of 424.0%. The ex-dividend date of this dividend was Wednesday, October 1st. Kimberly-Clark de Mexico SAB de CV’s payout ratio is 18.03%.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, S. A. B. de C. V., together with its subsidiaries, manufactures, distributes, and markets disposable products in Mexico. The company offers baby diapers, training pants, swim pants, wet wipes, shampoos, creams, bar soaps, and feeding products. It also provides toilet papers, napkins, facial tissues, paper towels, feminine pads, panty liners, tampons, intimate wipes, and menstrual cups.