Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $6.58, but opened at $6.25. Grupo Mexico shares last traded at $6.45, with a volume of 210 shares traded.
Analyst Ratings Changes
Separately, Morgan Stanley raised Grupo Mexico to an "overweight" rating in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".
View Our Latest Research Report on Grupo Mexico
Grupo Mexico Stock Performance
The firm has a 50 day simple moving average of $6.30 and a 200-day simple moving average of $5.57.
About Grupo Mexico
(
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Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.
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