Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $6.67, but opened at $6.98. Grupo Mexico shares last traded at $6.90, with a volume of 2,854 shares changing hands.
Analysts Set New Price Targets
Separately, Morgan Stanley upgraded shares of Grupo Mexico to an "overweight" rating in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy".
Read Our Latest Report on GMBXF
Grupo Mexico Price Performance
The stock's 50 day moving average price is $6.33 and its two-hundred day moving average price is $5.58.
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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