Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Sees Large Decrease in Short Interest

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 84,729 shares, a decline of 48.2% from the September 30th total of 163,425 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 210,974 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, UBS Group reiterated a “neutral” rating on shares of Kimberly-Clark de Mexico SAB de CV in a research note on Monday, October 19th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, Kimberly-Clark de Mexico SAB de CV currently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

KCDMY traded up $0.09 during trading hours on Friday, hitting $9.78. The stock had a trading volume of 48,084 shares, compared to its average volume of 91,199. Kimberly-Clark de Mexico SAB de CV has a 1 year low of $8.25 and a 1 year high of $12.84. The company’s fifty day simple moving average is $10.92 and its 200 day simple moving average is $11.36. The stock has a market cap of $6.01 billion, a PE ratio of 13.04 and a beta of 0.65. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 7.18.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its quarterly earnings data on Wednesday, October 21st. The basic materials company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. The business had revenue of $717.02 million for the quarter, compared to the consensus estimate of $752.24 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 14.09% and a return on equity of 179.50%.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, SAB. de C.V. is a Mexican consumer products company that manufactures and markets essential personal care, tissue, and household products. The company is associated with well-known brands such as Huggies, Kleen-Bebé, Kleenex, Kotex, Pétalo, Suavel, and Depend, serving consumers across a range of everyday hygiene and wellness needs.

Its product portfolio includes disposable diapers and training pants, baby wipes, feminine care products, adult incontinence products, facial and bathroom tissue, paper towels, napkins, and related household goods.