Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up – Here’s What Happened

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped up prior to trading on Friday . The stock had previously closed at $10.41, but opened at $11.00. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.54, with a volume of 2,565 shares.

Analysts Set New Price Targets

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

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a market cap of $6.53 billion, a PE ratio of 17.39 and a beta of 0.75. The firm’s 50-day moving average is $10.31 and its 200-day moving average is $9.92. The company has a quick ratio of 0.97, a current ratio of 1.27 and a debt-to-equity ratio of 3.60.

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