Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $29.45, but opened at $27.79. Grupo Simec shares last traded at $27.79, with a volume of 150 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Grupo Simec from a “strong-buy” rating to a “buy” rating in a report on Tuesday.
Get Our Latest Analysis on SIM
Grupo Simec Stock Down 8.0 %
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.
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