Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Sees Large Volume Increase - Here's What Happened

Key Points

• Kimberly‑Clark de Mexico shares saw trading volume jump 116% to 114,272 mid‑day, with the stock last trading at $11.51 (prior close $11.4499).
• Itau BBA downgraded the stock from "outperform" to "market perform," and MarketBeat shows a consensus rating of "Hold."
• Most recent quarter: EPS of $0.20 beat estimates by $0.02 while revenue of $794.62M slightly missed expectations; the company has a $7.15B market cap, PE of 17.61, debt‑to‑equity of 3.60 and reported a 188.2% ROE.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) shares saw an uptick in trading volume on Wednesday . 114,272 shares were traded during mid-day trading, an increase of 116% from the previous session's volume of 52,867 shares.The stock last traded at $11.51 and had previously closed at $11.4499.

Wall Street Analysts Forecast Growth

Separately, Itau BBA Securities downgraded Kimberly-Clark de Mexico SAB de CV from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company has a market cap of $7.15 billion, a PE ratio of 17.61 and a beta of 0.76. 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 firm's 50 day moving average is $11.80 and its 200-day moving average is $10.75.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) last released 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 for the quarter, compared to analyst estimates 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.

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