Shares of Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $25.00 and last traded at $25.00, with a volume of 650 shares trading hands. The stock had previously closed at $26.00.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded Grupo Simec from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 29th.
View Our Latest Analysis on Grupo Simec
Grupo Simec Stock Performance
About Grupo Simec
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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