Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.56 and traded as low as $10.95. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.04, with a volume of 38,979 shares changing hands.

Analyst Ratings Changes

KCDMY has been the topic of a number of research reports. HSBC cut Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Itau BBA Securities cut Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Kimberly-Clark de Mexico SAB de CV presently has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Down 2.8%

The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 15.14 and a beta of 0.67. 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 business has a 50 day simple moving average of $11.53 and a 200 day simple moving average of $11.32.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly earnings data 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). The company had revenue of $827.16 million during the quarter, compared to analyst estimates of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 164.99%.

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.