Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Short Interest Declines 58.2%

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 35,391 shares, a decline of 58.2% from the October 15th total of 84,729 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 115,630 shares, the days-to-cover ratio is presently 0.3 days.

Kimberly-Clark de Mexico SAB de CV Stock Performance

OTCMKTS KCDMY opened at $10.43 on Friday. The business’s 50-day moving average price is $10.66 and its 200 day moving average price is $11.31. Kimberly-Clark de Mexico SAB de CV has a twelve month low of $9.21 and a twelve month high of $12.84. The company has a market capitalization of $6.41 billion, a PE ratio of 13.91 and a beta of 0.70. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 7.18.

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

Analysts Set New Price Targets

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

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, S.A.B. de C.V. manufactures and markets personal care and household paper products. Its offerings include diapers, feminine care and adult incontinence products, as well as bathroom tissue, facial tissue, paper towels and napkins. The company sells products under brands including Huggies, Kleenex, Kotex, Depend, Pétalo and Suavel. Its products serve consumers and institutional customers, including businesses and other professional users. Founded in 1925, Kimberly-Clark de México serves the Mexican market and also exports products to other countries in the region.