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 prior to trading on Monday . The stock had previously closed at $11.42, but opened at $11.8850. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.67, with a volume of 3,653 shares trading hands.

Wall Street Analysts Forecast Growth

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

Kimberly-Clark de Mexico SAB de CV Price Performance

The business’s 50 day moving average price is $11.26 and its 200-day moving average price is $11.52. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 7.18. The company has a market cap of $7.21 billion, a PE ratio of 15.83 and a beta of 0.67.

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

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.