Grupo Simec (NYSEAMERICAN:SIM) Shares Gap Up to $31.49

Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM)’s share price gapped up prior to trading on Monday . The stock had previously closed at $31.49, but opened at $33.00. Grupo Simec shares last traded at $33.00, with a volume of 503 shares changing hands.

Grupo Simec Trading Down 1.6 %

The stock has a market capitalization of $4.78 billion, a P/E ratio of 15.98 and a beta of 0.29.

Grupo Simec (NYSEAMERICAN:SIM) last released its quarterly earnings data on Thursday, April 25th. The basic materials company reported $0.52 earnings per share for the quarter. Grupo Simec had a net margin of 15.52% and a return on equity of 11.23%. The company had revenue of $464.45 million for the quarter.

Grupo Simec Company Profile

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.