Shares of Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.17 and traded as low as $5.16. Grupo México shares last traded at $5.25, with a volume of 23,534 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Scotiabank raised Grupo México from a "strong sell" rating to a "hold" rating in a report on Monday, March 10th.
Read Our Latest Report on GMBXF
Grupo México Price Performance
The stock's 50 day moving average price is $5.09 and its two-hundred day moving average price is $5.17.
About Grupo México
(
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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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