Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Reaches New 52-Week High – Here’s What Happened

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $11.9170 and last traded at $11.8350, with a volume of 26988 shares changing hands. The stock had previously closed at $11.55.

Analyst Ratings Changes

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, November 4th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Stock Up 3.9%

The stock’s 50-day moving average price is $10.86 and its 200-day moving average price is $10.17. The company has a current ratio of 1.27, a quick ratio of 0.97 and a debt-to-equity ratio of 3.60. The stock has a market cap of $7.38 billion, a price-to-earnings ratio of 18.18 and a beta of 0.76.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its earnings results on Thursday, January 22nd. The basic materials company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $794.62 million during the quarter, compared to the consensus estimate of $797.86 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.71% and a return on equity of 188.20%.

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.