Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report)’s share price gapped down prior to trading on Monday. The stock had previously closed at $25.65, but opened at $24.36. Grupo Simec shares last traded at $24.36, with a volume of 313 shares.
Grupo Simec Stock Performance
The stock has a market capitalization of $3.74 billion, a PE ratio of 19.33 and a beta of 0.12. The firm has a 50 day moving average of $27.21 and a 200-day moving average of $29.42.
About Grupo Simec
Grupo Simec, S.A.B. de C.V. is a steel producer headquartered in Mexico. The company manufactures and sells long steel products, including special bar quality steel, commercial bars, reinforcing bars, wire rod, structural products and billets. Its products serve customers in industries such as construction, automotive manufacturing, machinery and energy. Grupo Simec operates production and processing facilities in Mexico and the United States, serving markets in both countries. The company conducts its business through subsidiaries and operates steelmaking and rolling facilities that produce finished steel products for industrial and construction applications.
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