Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Sees Strong Trading Volume – Here’s What Happened

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) shares saw strong trading volume on Tuesday . 212,297 shares were traded during mid-day trading, an increase of 359% from the previous session’s volume of 46,240 shares.The stock last traded at $9.35 and had previously closed at $9.29.

Analysts Set New Price Targets

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

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a debt-to-equity ratio of 4.62, a current ratio of 1.19 and a quick ratio of 0.97. The stock’s fifty day moving average is $9.89 and its 200-day moving average is $9.44. The stock has a market cap of $5.72 billion, a PE ratio of 15.25 and a beta of 0.79.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly earnings data on Thursday, October 23rd. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 145.62%. The firm had revenue of $728.43 million during the quarter, compared to analysts’ expectations of $723.40 million.

Kimberly-Clark de Mexico SAB de CV Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, October 2nd were issued a $0.1121 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a dividend yield of 424.0%. Kimberly-Clark de Mexico SAB de CV’s dividend payout ratio is currently 18.03%.

Kimberly-Clark de Mexico SAB de CV Company Profile

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.