Grupo Bimbo (OTCMKTS:GRBMF) Trading 6.9% Higher – Here’s Why

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report) traded up 6.9% during trading on Tuesday . The company traded as high as $2.83 and last traded at $2.83. 384 shares were traded during mid-day trading, a decline of 89% from the average session volume of 3,424 shares. The stock had previously closed at $2.64.

Grupo Bimbo Price Performance

The business has a 50-day moving average of $2.63 and a 200 day moving average of $2.93.

About Grupo Bimbo

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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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