Shares of Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $25.20, but opened at $28.20. Grupo Simec shares last traded at $27.44, with a volume of 450 shares.
Grupo Simec Trading Up 7.3%
The firm has a market cap of $4.16 billion, a PE ratio of 13.94 and a beta of 0.25. The firm’s 50 day simple moving average is $27.51 and its 200 day simple moving average is $27.28.
Grupo Simec Company Profile
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
- Five stocks we like better than Grupo Simec
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- A Deeper Look at Bid-Ask Spreads
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- How Technical Indicators Can Help You Find Oversold Stocks
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Receive News & Ratings for Grupo Simec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Simec and related companies with MarketBeat.com's FREE daily email newsletter.
