Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report)’s stock price rose 6.9% during mid-day trading on Friday . The company traded as high as $29.48 and last traded at $30.99. Approximately 959 shares traded hands during trading, a decline of 46% from the average daily volume of 1,774 shares. The stock had previously closed at $28.99.
Grupo Simec Stock Performance
The stock has a market capitalization of $4.44 billion, a P/E ratio of 26.49 and a beta of 0.25. The stock has a 50 day moving average of $27.98 and a 200 day moving average of $27.67.
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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