Grupo Bimbo (OTCMKTS:GRBMF) Trading Up 2.2% – Still a Buy?

Shares of Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report) rose 2.2% on Wednesday . The stock traded as high as $2.90 and last traded at $2.76. Approximately 2,636 shares traded hands during trading, a decline of 20% from the average daily volume of 3,296 shares. The stock had previously closed at $2.70.

Grupo Bimbo Price Performance

The stock has a 50 day simple moving average of $2.65 and a 200 day simple moving average of $3.07.

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.

Featured Stories

Receive News & Ratings for Grupo Bimbo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Bimbo and related companies with MarketBeat.com's FREE daily email newsletter.