Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report) reached a new 52-week low on Friday. The stock traded as low as $24.76 and last traded at $27.95, with a volume of 1,999 shares trading hands. The stock had previously closed at $27.49.
Grupo Simec Price Performance
The company has a market capitalization of $4.30 billion, a PE ratio of 23.29 and a beta of 0.14. The company has a 50 day moving average of $28.54 and a two-hundred day moving average of $29.41.
Grupo Simec Company Profile
Grupo Simec, SAB. de C.V. is a Mexican steel manufacturer that produces long steel products for construction, industrial, automotive, and other applications. Its product portfolio includes special bar quality steel, merchant bars, structural shapes, reinforcing bars, wire rod, and related steel products.
The company operates through production and distribution facilities in Mexico and maintains operations in North America, including the United States and Canada. Its products are sold to customers in industries such as construction, machinery manufacturing, transportation, energy, and general industrial manufacturing.
Grupo Simec has developed its business through steelmaking, rolling, and processing operations and is part of the broader Industrias CH corporate group.
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