Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 893 shares were traded during trading, a decline of 18% from the previous session's volume of 1,094 shares.The stock last traded at $26.52 and had previously closed at $26.48.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Grupo Simec from a "strong-buy" rating to a "buy" rating in a report on Friday, November 8th.
View Our Latest Research Report on Grupo Simec
Grupo Simec Price Performance
The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 7.85 and a beta of 0.31.
Grupo Simec (NYSEAMERICAN:SIM - Get Free Report) last issued its earnings results on Tuesday, October 29th. The basic materials company reported $1.00 EPS for the quarter. The firm had revenue of $452.15 million for the quarter. Grupo Simec had a return on equity of 18.62% and a net margin of 29.44%.
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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