Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – Here’s Why

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $10.5860, but opened at $10.20. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.33, with a volume of 3,551 shares trading hands.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities upgraded 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, According to data from MarketBeat.com, Kimberly-Clark de Mexico SAB de CV presently has an average rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The stock has a market cap of $6.43 billion, a PE ratio of 17.14 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. The stock’s 50-day moving average is $10.00 and its two-hundred day moving average is $9.72.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its quarterly earnings data 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). Kimberly-Clark de Mexico SAB de CV had a return on equity of 140.79% and a net margin of 13.02%.The company had revenue of $728.43 million for 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 given a $0.1121 dividend. This represents a yield of 424.0%. The ex-dividend date was Wednesday, October 1st. Kimberly-Clark de Mexico SAB de CV’s dividend payout ratio (DPR) is 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.