Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Sees Unusually-High Trading Volume - Here's What Happened

Key Points

• Trading volume surged 59% to approximately 82,261 shares, while KCDMY traded at $10.10 versus its prior close of $9.97.
• UBS reiterated a “Neutral” rating, and all three tracked analysts rate the stock Hold.
• The company matched quarterly EPS expectations at $0.16, but revenue of $717.02 million fell short of the $752.24 million consensus estimate.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) shares saw an uptick in trading volume on Tuesday. Approximately 82,261 shares were traded during mid-day trading, an increase of 59% from the average daily volume of 51,728 shares. The stock last traded at $10.10 and had previously closed at $9.97.

Analysts Set New Price Targets

Separately, UBS Group reiterated a "neutral" rating on shares of Kimberly-Clark de Mexico SAB de CV in a research note on Monday, October 19th. Three analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock has a consensus rating of "Hold".

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company's 50-day moving average price is $10.89 and its two-hundred day moving average price is $11.35. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 13.40 and a beta of 0.65. The company has a debt-to-equity ratio of 7.18, a current ratio of 1.71 and a quick ratio of 1.49.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The basic materials company reported $0.16 EPS for the quarter, meeting analysts' consensus estimates of $0.16. Kimberly-Clark de Mexico SAB de CV had a net margin of 14.09% and a return on equity of 179.50%. The business had revenue of $717.02 million for the quarter, compared to analysts' expectations of $752.24 million.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, SAB. de C.V. is a Mexican consumer products company that manufactures and markets essential personal care, tissue, and household products. The company is associated with well-known brands such as Huggies, Kleen-Bebé, Kleenex, Kotex, Pétalo, Suavel, and Depend, serving consumers across a range of everyday hygiene and wellness needs.

Its product portfolio includes disposable diapers and training pants, baby wipes, feminine care products, adult incontinence products, facial and bathroom tissue, paper towels, napkins, and related household goods.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.