Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 2,524,600 shares, an increase of 75.6% from the March 15th total of 1,437,300 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is presently 142.6 days.
Grupo México Stock Performance
GMBXF stock traded down $0.35 during midday trading on Friday, hitting $4.70. The company's stock had a trading volume of 4,625 shares, compared to its average volume of 30,339. Grupo México has a 12 month low of $4.39 and a 12 month high of $7.00. The firm's 50-day moving average is $5.00 and its 200-day moving average is $5.09.
Wall Street Analyst Weigh In
Separately, Scotiabank upgraded shares of Grupo México from a "strong sell" rating to a "hold" rating in a research note on Monday, March 10th.
Check Out Our Latest Research Report on Grupo México
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.
Read More
Before you consider Grupo México, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo México wasn't on the list.
While Grupo México currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
