Grupo Bimbo (OTCMKTS:GRBMF) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.47 and traded as low as $3.33. Grupo Bimbo shares last traded at $3.4808, with a volume of 1,224 shares changing hands.

Grupo Bimbo Stock Performance

The company’s 50-day simple moving average is $3.47 and its 200-day simple moving average is $3.09.

Grupo Bimbo Company Profile

(Get Free Report)

Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.

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