Grupo Bimbo (OTCMKTS:GRBMF) Shares Cross Below 50 Day Moving Average – Time to Sell?

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.83 and traded as low as $2.39. Grupo Bimbo shares last traded at $2.39, with a volume of 5,000 shares.

Grupo Bimbo Stock Performance

The company’s 50 day moving average price is $2.83 and its 200 day moving average price is $3.22.

Grupo Bimbo Company Profile

(Get Free Report)

Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.

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