Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $13.9568, but opened at $13.31. Grupo Bimbo shares last traded at $13.3028, with a volume of 1,766 shares traded.
Grupo Bimbo Stock Performance
The firm’s 50 day moving average price is $13.74 and its 200-day moving average price is $13.57. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.89 and a quick ratio of 0.69.
Grupo Bimbo Company Profile
Grupo Bimbo, SAB. de C.V. (OTCMKTS:BMBOY) is a Mexican multinational bakery products company founded in 1945 and headquartered in Mexico City. Over the decades, it has grown into one of the world’s largest baking firms by sales volume and operates as a publicly traded company on the Mexican Stock Exchange with an American depositary receipt program trading over the counter. The company’s origins trace back to a small bakery in Mexico City, and it has since expanded its footprint through organic growth and strategic acquisitions.
The company’s core business encompasses the production, marketing and distribution of a broad array of baked goods.
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