Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 3,451 shares traded hands during mid-day trading, an increase of 170% from the previous session's volume of 1,277 shares.The stock last traded at $26.00 and had previously closed at $26.40.
Grupo Simec Price Performance
The firm has a market cap of $3.69 billion, a PE ratio of 7.10 and a beta of 0.29.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Grupo Simec stock. Banco BTG Pactual S.A. bought a new position in shares of Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 7,899 shares of the basic materials company's stock, valued at approximately $212,000. Institutional investors own 0.17% of the company's stock.
About Grupo Simec
(
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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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