Grupo Simec (NYSEAMERICAN:SIM) Sees Strong Trading Volume

Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIMGet Free Report) saw an uptick in trading volume on Tuesday . 3,205 shares changed hands during trading, an increase of 175% from the previous session’s volume of 1,165 shares.The stock last traded at $28.51 and had previously closed at $28.71.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Grupo Simec from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 25th.

Get Our Latest Report on Grupo Simec

Grupo Simec Stock Performance

The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 14.57 and a beta of 0.29.

About Grupo Simec

(Get Free Report)

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

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.