Shares of Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $27.79, but opened at $26.76. Grupo Simec shares last traded at $26.90, with a volume of 598 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded Grupo Simec from a "buy" rating to a "hold" rating in a research report on Tuesday, May 13th.
Read Our Latest Analysis on SIM
Grupo Simec Stock Down 1.1%
The company has a 50-day moving average of $27.65. The stock has a market cap of $4.23 billion, a PE ratio of 14.16 and a beta of 0.16.
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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