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

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped up before the market opened on Friday . The stock had previously closed at $11.00, but opened at $11.67. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.97, with a volume of 2,205 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, HSBC downgraded shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The firm’s 50-day moving average is $11.04 and its 200-day moving average is $11.42. The company has a debt-to-equity ratio of 11.44, a current ratio of 1.55 and a quick ratio of 1.36. The company has a market capitalization of $6.73 billion, a P/E ratio of 15.63 and a beta of 0.67.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its earnings results on Tuesday, April 21st. The basic materials company reported $0.19 EPS 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 164.99% and a net margin of 13.92%.The company 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 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.