Kimberly-Clark Reaches New 52-Week High (KMB)

NEW YORK ( TheStreet) -- Kimberly-Clark Corporation (NYSE: KMB) hit a new 52-week high Wednesday as it is currently trading at $71.87, above its previous 52-week high of $71.78 with 263,640 shares traded as of 10:15 a.m. ET. Average volume has been 3.5 million shares over the past 30 days.

Kimberly-Clark has a market cap of $28.1 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 13.3% year to date as of the close of trading on Tuesday.

Kimberly-Clark Corporation, together with its subsidiaries, engages in the manufacture and marketing of health care products worldwide. The company operates in four segments: Personal Care, Consumer Tissue, K-C Professional & Other, and Health Care. The company has a P/E ratio of 16.9, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Kimberly-Clark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Kimberly-Clark Ratings Report.

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