Grupo Simec (NYSEAMERICAN:SIM) Shares Gap Up – Here’s What Happened

Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIMGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $28.10, but opened at $30.00. Grupo Simec shares last traded at $32.0450, with a volume of 8,408 shares traded.

Grupo Simec Stock Performance

The firm’s 50-day moving average is $27.81 and its 200 day moving average is $27.58. The firm has a market capitalization of $4.62 billion, a PE ratio of 27.55 and a beta of 0.25.

About Grupo Simec

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Grupo Simec, SAB. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold-finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products.

Further Reading

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