Grupo México (OTCMKTS:GMBXF) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXFGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.17 and traded as low as $5.00. Grupo México shares last traded at $5.16, with a volume of 8,635 shares traded.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised shares of Grupo México from a “strong sell” rating to a “hold” rating in a research report on Monday, March 10th.

Read Our Latest Stock Analysis on Grupo México

Grupo México Stock Performance

The company has a fifty day moving average of $5.08 and a two-hundred day moving average of $5.17.

Grupo México Company Profile

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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.

Further Reading

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