Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up – Should You Buy?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $11.05, but opened at $11.65. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.31, with a volume of 2,609 shares traded.

Analysts Set New Price Targets

Separately, HSBC downgraded shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 11.44. The company has a 50 day simple moving average of $10.98 and a 200-day simple moving average of $11.44. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of 15.18 and a beta of 0.67.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its earnings results on Tuesday, July 21st. The basic materials company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. Kimberly-Clark de Mexico SAB de CV had a return on equity of 164.54% and a net margin of 14.11%.The company had revenue of $830.35 million during the quarter, compared to analyst estimates 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.