Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Get Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as $25.00 and last traded at $25.26, with a volume of 2533 shares trading hands. The stock had previously closed at $25.80.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Grupo Simec from a "strong-buy" rating to a "buy" rating in a report on Friday, November 8th.
Get Our Latest Report on Grupo Simec
Grupo Simec Trading Down 12.7 %
The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 6.55 and a beta of 0.29.
Grupo Simec Company Profile
(
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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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