Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Get Free Report)'s stock price traded down 4% during trading on Friday . The company traded as low as $25.00 and last traded at $24.77. 3,681 shares were traded during trading, an increase of 180% from the average session volume of 1,313 shares. The stock had previously closed at $25.80.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Grupo Simec from a "strong-buy" rating to a "buy" rating in a report on Friday, November 8th.
Check Out Our Latest Stock Report on SIM
Grupo Simec Stock Up 17.2 %
The company has a market cap of $3.99 billion, a P/E ratio of 7.68 and a beta of 0.29.
About Grupo Simec
(
Get Free Report)
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.
Featured Stories
Before you consider Grupo Simec, 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 Simec wasn't on the list.
While Grupo Simec currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
