Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.56 and traded as low as $10.95. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.04, with a volume of 38,979 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. 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. Itau BBA Securities cut shares of Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company has a debt-to-equity ratio of 11.44, a current ratio of 1.55 and a quick ratio of 1.36. The stock’s 50 day simple moving average is $11.56 and its two-hundred day simple moving average is $11.32. The stock has a market cap of $6.79 billion, a P/E ratio of 15.77 and a beta of 0.67.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly earnings results 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). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 164.99%. The company had revenue of $827.16 million during the quarter, compared to the consensus estimate of $789.47 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.