Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Reaches New 1-Year High – Here’s Why

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $11.28 and last traded at $11.2120, with a volume of 37042 shares trading hands. The stock had previously closed at $11.01.

Analyst Ratings Changes

Separately, Itau BBA Securities raised Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Trading Up 0.5%

The stock’s 50 day simple moving average is $10.46 and its two-hundred day simple moving average is $9.97. The stock has a market capitalization of $6.82 billion, a PE ratio of 18.18 and a beta of 0.75. The company has a debt-to-equity ratio of 3.60, a current ratio of 1.27 and a quick ratio of 0.97.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its quarterly earnings results on Thursday, October 23rd. The basic materials company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a return on equity of 140.79% and a net margin of 13.02%.The company had revenue of $728.43 million during the quarter, compared to the consensus estimate of $723.40 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.