Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMYGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.08 and traded as high as $11.8099. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.6850, with a volume of 33,212 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, HSBC cut shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

View Our Latest Analysis on Kimberly-Clark de Mexico SAB de CV

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 stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of 15.79 and a beta of 0.67. The business’s 50 day simple moving average is $11.08 and its 200-day simple moving average is $11.50.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMYGet Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The basic materials company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The company had revenue of $830.35 million during the quarter, compared to analysts’ expectations of $839.55 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 164.54% and a net margin of 14.11%.

Kimberly-Clark de Mexico SAB de CV Company Profile

(Get Free Report)

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.

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