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

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped up before the market opened on Friday . The stock had previously closed at $11.88, but opened at $12.5499. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.86, with a volume of 1,618 shares.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities lowered Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The stock’s 50-day simple moving average is $11.96 and its 200 day simple moving average is $11.03. The company has a market capitalization of $7.36 billion, a PE ratio of 17.09 and a beta of 0.76.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly earnings data on Tuesday, April 21st. The basic materials company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The firm had revenue of $827.16 million during the quarter, compared to analyst estimates of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 168.57%.

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.