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Grupo México (OTCMKTS:GMBXF) Sets New 52-Week Low - Here's Why

Grupo México logo with Multi-Sector Conglomerates background

Shares of Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $4.52 and last traded at $4.54, with a volume of 41909 shares. The stock had previously closed at $5.06.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded Grupo México from a "strong sell" rating to a "hold" rating in a report on Monday, March 10th.

Check Out Our Latest Stock Analysis on GMBXF

Grupo México Stock Performance

The firm's 50 day moving average price is $5.04 and its two-hundred day moving average price is $5.13.

Grupo México Company Profile

(Get Free Report)

Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.

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