Kimberly-Clark Corporation (KMB) Shares Slide -3.77%

Kimberly-Clark Corporation (KMB) : During the past 4 weeks, traders have been relatively bearish on Kimberly-Clark Corporation (KMB), hence the stock is down -8.51% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.71% relative to the S&P 500. The 4-week change in the price of the stock is -5.44% and the stock has fallen -3.77% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.88% and the 50-Day Moving Average is 1.65%. Kimberly-Clark Corporation is up 4.22% in the last 3-month period. Year-to-Date the stock performance stands at 3.21%.


Kimberly-Clark Corporation (NYSE:KMB): On Fridays trading session , Opening price of the stock was $130.25 with an intraday high of $131.055. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $129.55. However, the stock managed to close at $129.55, a loss of 0.46% for the day. On the previous day, the stock had closed at $130.15. The total traded volume of the day was 1,827,786 shares.

Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Kimberly-Clark Corporation (NYSE:KMB). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $135 per share to $139 per share. The rating by the firm was issued on July 27, 2016.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Companys operating segments are based on product groupings. The Company operates in three segments, which include Personal Care, which offers solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, offers products, such as facial and bathroom tissue, paper towels, napkins and related products, and K-C Professional (KCP), offers solutions and supporting products, such as apparel, wipers, soaps, sanitizers, tissue and towels. The Companys brands include Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, WypAll, Kimtech, and Jackson Safety, among others.

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