Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Short Interest Declines 58.2%

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 35,391 shares, a decline of 58.2% from the October 15th total of 84,729 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 115,630 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, UBS Group reiterated a “neutral” rating on shares of Kimberly-Clark de Mexico SAB de CV in a research report on Monday, October 19th. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Price Performance

Shares of OTCMKTS:KCDMY opened at $10.43 on Friday. The business’s fifty day moving average price is $10.66 and its two-hundred day moving average price is $11.31. The stock has a market cap of $6.41 billion, a PE ratio of 13.91 and a beta of 0.70. The company has a debt-to-equity ratio of 7.18, a quick ratio of 1.49 and a current ratio of 1.71. Kimberly-Clark de Mexico SAB de CV has a one year low of $9.21 and a one year high of $12.84.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last released its quarterly earnings results on Wednesday, October 21st. The basic materials company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. Kimberly-Clark de Mexico SAB de CV had a return on equity of 179.50% and a net margin of 14.09%. The company had revenue of $717.02 million during the quarter, compared to analysts’ expectations of $752.24 million.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, S.A.B. de C.V. manufactures and markets personal care and household paper products. Its offerings include diapers, feminine care and adult incontinence products, as well as bathroom tissue, facial tissue, paper towels and napkins. The company sells products under brands including Huggies, Kleenex, Kotex, Depend, Pétalo and Suavel. Its products serve consumers and institutional customers, including businesses and other professional users. Founded in 1925, Kimberly-Clark de México serves the Mexican market and also exports products to other countries in the region.