Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Get Free Report)'s share price gapped up before the market opened on Tuesday . The stock had previously closed at $22.15, but opened at $25.11. Grupo Simec shares last traded at $24.15, with a volume of 1,578 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut Grupo Simec from a "strong-buy" rating to a "buy" rating in a research note on Friday, November 8th.
Read Our Latest Analysis on SIM
Grupo Simec Price Performance
The firm has a market capitalization of $4.05 billion, a PE ratio of 7.78 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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