Grupo Bimbo (OTCMKTS:GRBMF) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report)’s stock price passed 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 changing hands.

Grupo Bimbo Price Performance

The business’s fifty day moving average price is $2.83 and its two-hundred day moving average price is $3.22.

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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