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Grupo Mexico (OTCMKTS:GMBXF) Shares Gap Down - Should You Sell?

Grupo Mexico logo with Multi-Sector Conglomerates background

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $5.63, but opened at $5.50. Grupo Mexico shares last traded at $5.50, with a volume of 150 shares trading hands.

Analyst Ratings Changes

Separately, Scotiabank raised Grupo Mexico from a "strong sell" rating to a "hold" rating in a research note on Monday, March 10th.

Read Our Latest Research Report on Grupo Mexico

Grupo Mexico Price Performance

The company has a 50-day simple moving average of $5.30 and a two-hundred day simple moving average of $5.12.

Grupo Mexico Company Profile

(Get Free Report)

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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