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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price gapped up prior to trading on Friday. The stock had previously closed at $10.34, but opened at $10.93. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.30, with a volume of 103,226 shares.

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 7.18. The company has a market capitalization of $6.30 billion, a PE ratio of 13.84 and a beta of 0.65. The stock’s 50-day moving average is $11.34 and its two-hundred day moving average is $11.33.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its earnings results on Tuesday, July 21st. The basic materials company reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. Kimberly-Clark de Mexico SAB de CV had a return on equity of 170.79% and a net margin of 14.11%.The firm had revenue of $830.35 million for the quarter, compared to analysts’ expectations of $839.55 million.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, SAB. de C.V. is a Mexico-based consumer products company that manufactures and markets personal care, family care, and professional hygiene products. The company operates as an affiliate of Kimberly-Clark Corporation and serves consumers, businesses, and institutions primarily in Mexico.

Its product portfolio includes baby care, feminine care, adult care, and household tissue products. Brands associated with Kimberly-Clark de México include Huggies, Kleen-Bebé, Pétalo, Suavel, Kotex, and Depend, along with products sold through professional and institutional channels.

The company has operated in Mexico since 1931 and has developed manufacturing, distribution, and marketing capabilities serving the Mexican market, with some products also reaching international markets.