Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report)’s stock price traded down 5.2% on Wednesday . The stock traded as low as $29.99 and last traded at $28.3450. 718 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 1,757 shares. The stock had previously closed at $29.89.
Grupo Simec Stock Performance
The stock has a market cap of $4.36 billion, a P/E ratio of 26.00 and a beta of 0.25. The stock has a 50-day moving average price of $27.81 and a 200-day moving average price of $27.58.
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.
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