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 stock price gapped down prior to trading on Friday . The stock had previously closed at $10.78, but opened at $9.95. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.1099, with a volume of 15,262 shares changing hands.

Wall Street Analysts Forecast Growth

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

Kimberly-Clark de Mexico SAB de CV Trading Up 1.7%

The stock’s 50 day simple moving average is $9.98 and its 200 day simple moving average is $9.69. The firm has a market cap of $6.74 billion, a PE ratio of 17.97 and a beta of 0.77. The company has a debt-to-equity ratio of 3.60, a quick ratio of 0.97 and a current ratio of 1.27.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its quarterly earnings results on Thursday, October 23rd. The basic materials company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The firm had revenue of $728.43 million for the quarter, compared to analysts’ expectations of $723.40 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.02% and a return on equity of 140.79%.

Kimberly-Clark de Mexico SAB de CV Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, October 2nd were issued a $0.1121 dividend. This represents a dividend yield of 424.0%. The ex-dividend date was Wednesday, October 1st. Kimberly-Clark de Mexico SAB de CV’s payout ratio is presently 81.97%.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, S. A. B. de C. V., together with its subsidiaries, manufactures, distributes, and markets disposable products in Mexico. The company offers baby diapers, training pants, swim pants, wet wipes, shampoos, creams, bar soaps, and feeding products. It also provides toilet papers, napkins, facial tissues, paper towels, feminine pads, panty liners, tampons, intimate wipes, and menstrual cups.