Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report) shares traded down 4.5% during trading on Friday . The company traded as low as $26.30 and last traded at $25.16. 544 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 1,493 shares. The stock had previously closed at $26.33.
Analysts Set New Price Targets
Separately, StockNews.com cut Grupo Simec from a “strong-buy” rating to a “buy” rating in a report on Friday, November 8th.
Check Out Our Latest Stock Report on SIM
Grupo Simec Stock Performance
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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