Grupo Simec (NYSEAMERICAN:SIM) Shares Up 0.7% - Time to Buy?
Grupo Simec (NYSEAMERICAN:SIM) shares rose 0.7% to $27.19 on Monday, with a trading volume of 134 shares, significantly lower than the average of 711 shares. The company has a market cap of $4.18 billion and a PE ratio of 14.02. Analysts currently rate the stock as a Hold, suggesting that there may be better investment opportunities available. Grupo Simec specializes in manufacturing and distributing steel products across various regions.
Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM - Get Free Report) shot up 0.7% on Monday . The company traded as high as $27.19 and last traded at $27.19. 134 shares changed hands during trading, a decline of 81% from the average session volume of 711 shares. The stock had previously closed at $27.00.
Grupo Simec Trading Up 0.7%
The firm's fifty day moving average is $27.33 and its 200-day moving average is $27.33. The stock has a market capitalization of $4.18 billion, a PE ratio of 14.02 and a beta of 0.25.
Grupo Simec Company Profile
(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.
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