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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) shares gapped down prior to trading on Thursday . The stock had previously closed at $11.85, but opened at $11.18. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.24, with a volume of 786 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. HSBC lowered Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research report on Wednesday. Itau BBA Securities lowered Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Up 0.3%

The company has a market cap of $6.96 billion, a P/E ratio of 16.17 and a beta of 0.76. The company has a 50 day moving average price of $11.92 and a 200-day moving average price of $11.06.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its quarterly 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). 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 during the quarter, compared to the consensus estimate of $789.47 million.

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.