Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – Time to Sell?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $11.69, but opened at $11.00. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.70, with a volume of 7,192 shares traded.

Wall Street Analysts Forecast Growth

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

Kimberly-Clark de Mexico SAB de CV Stock Performance

The stock has a market cap of $7.13 billion, a price-to-earnings ratio of 15.66 and a beta of 0.67. The firm has a fifty day moving average of $11.01 and a 200 day moving average of $11.46. The company has a debt-to-equity ratio of 11.44, a current ratio of 1.55 and a quick ratio of 1.36.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly 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. Kimberly-Clark de Mexico SAB de CV had a net margin of 14.11% and a return on equity of 164.54%. The firm had revenue of $830.35 million for the quarter, compared to analysts’ expectations of $839.55 million.

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.