Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report) shares saw an uptick in trading volume on Friday . 1,457 shares changed hands during trading, a decline of 6% from the previous session’s volume of 1,556 shares.The stock last traded at $26.00 and had previously closed at $26.58.
Grupo Simec Trading Down 0.5 %
The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 7.77 and a beta of 0.29.
Hedge Funds Weigh In On Grupo Simec
A hedge fund recently bought a new stake in Grupo Simec stock. Banco BTG Pactual S.A. bought a new stake in Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,899 shares of the basic materials company’s stock, valued at approximately $212,000. 0.17% of the stock is currently owned by institutional investors.
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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