Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Kimberly-Clark de Mexico SAB de CV experienced a significant trading volume increase of 243%, with approximately 156,348 shares traded on Thursday.
• Analysts have downgraded the stock to a "market perform" rating, contributing to an average rating of "Hold" for Kimberly-Clark de Mexico.
• The company reported a missed earnings estimate with an EPS of $0.16, compared to analysts' expectations of $0.17, alongside a substantial revenue report of $749.76 million.

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 156,348 shares traded hands during trading, an increase of 243% from the previous session's volume of 45,646 shares.The stock last traded at $10.12 and had previously closed at $10.05.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities downgraded shares of Kimberly-Clark de Mexico SAB de CV to a "market perform" rating in a research report on Wednesday, May 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold".

Kimberly-Clark de Mexico SAB de CV Price Performance

The stock has a market cap of $6.35 billion, a price-to-earnings ratio of 16.65 and a beta of 0.76. The company has a current ratio of 1.19, a quick ratio of 0.97 and a debt-to-equity ratio of 4.62. The stock's 50-day moving average price is $9.64 and its 200-day moving average price is $8.99.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) last issued its quarterly earnings results on Friday, July 18th. The basic materials company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). The firm had revenue of $749.76 million during the quarter, compared to analyst estimates of $14.27 billion. Kimberly-Clark de Mexico SAB de CV had a return on equity of 135.47% and a net margin of 13.36%.

Kimberly-Clark de Mexico SAB de CV Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 11th. Investors of record on Thursday, July 3rd were given a dividend of $0.1121 per share. This represents a dividend yield of 485.0%. The ex-dividend date was Wednesday, July 2nd. Kimberly-Clark de Mexico SAB de CV's payout ratio is presently 79.03%.

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.