Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $29.45, but opened at $27.79. Grupo Simec shares last traded at $27.79, with a volume of 150 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Grupo Simec from a "strong-buy" rating to a "buy" rating in a report on Wednesday, October 23rd.
Check Out Our Latest Research Report on Grupo Simec
Grupo Simec Stock Performance
The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 9.18 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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