Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Get Free Report)'s share price hit a new 52-week low on Tuesday . The stock traded as low as $25.49 and last traded at $25.49, with a volume of 2333 shares trading hands. The stock had previously closed at $27.71.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Grupo Simec from a "strong-buy" rating to a "buy" rating in a report on Tuesday.
Check Out Our Latest Research Report on SIM
Grupo Simec Stock Down 8.0 %
The stock has a market capitalization of $3.93 billion, a PE ratio of 8.44 and a beta of 0.29.
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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