Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as $25.00 and last traded at $26.13, with a volume of 1083 shares traded. The stock had previously closed at $26.68.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Grupo Simec from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 8th.
Check Out Our Latest Analysis on SIM
Grupo Simec Price Performance
Grupo Simec (NYSEAMERICAN:SIM – Get Free Report) last announced its earnings results on Tuesday, October 29th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter. Grupo Simec had a return on equity of 18.62% and a net margin of 29.44%. The firm had revenue of $452.15 million during the quarter.
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.
Featured Stories
- Five stocks we like better than Grupo Simec
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Build-Your-Bowl Battle: CAVA, Chipotle, and Sweetgreen Face Off
- How to Calculate Stock Profit
- Insiders Are Loading Up: 3 Key Stock Picks for Investors
- Using the MarketBeat Dividend Yield Calculator
- How Cigna Remains at the Top of the Health Insurance Food Chain
Receive News & Ratings for Grupo Simec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Simec and related companies with MarketBeat.com's FREE daily email newsletter.
