Grupo Simec (NYSEAMERICAN:SIM) Sees Unusually-High Trading Volume – Should You Buy?

Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIMGet Free Report) saw unusually-high trading volume on Monday . Approximately 1,082 shares changed hands during trading, an increase of 34% from the previous session’s volume of 808 shares.The stock last traded at $28.57 and had previously closed at $29.48.

Grupo Simec Stock Performance

The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 26.36 and a beta of 0.34. The business’s 50 day moving average is $28.32 and its 200-day moving average is $27.80.

Grupo Simec Company Profile

(Get Free Report)

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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