Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $26.51, but opened at $28.35. Grupo Simec shares last traded at $28.35, with a volume of 179 shares trading hands.
Grupo Simec Price Performance
The company has a market capitalization of $4.23 billion, a PE ratio of 40.44 and a beta of 0.13. The company’s fifty day moving average is $29.70 and its 200-day moving average is $30.20.
Grupo Simec Company Profile
Grupo Simec (NYSE American: SIM) is a Mexico?based producer and distributor of long steel products, serving construction, infrastructure, industrial and energy markets. The company’s core operations encompass the manufacture of merchant bar steel, including reinforcing bar (rebar), wire rod, merchant bars and structural shapes. In parallel, its service centers offer cutting, bending and other value?added processing services to meet the precise specifications of fabricators and end users.
With multiple steel mills located throughout Mexico and an expanding footprint in the United States, Grupo Simec maintains a vertically integrated supply chain that spans raw?material sourcing, steelmaking and downstream processing.
Read More
- Five stocks we like better than Grupo Simec
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Grupo Simec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Simec and related companies with MarketBeat.com's FREE daily email newsletter.
