Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report) saw an uptick in trading volume on Friday . 1,457 shares were traded during mid-day trading, a decline of 6% from the previous session’s volume of 1,556 shares.The stock last traded at $26.00 and had previously closed at $26.58.
Grupo Simec Stock Performance
The firm has a market capitalization of $3.98 billion, a PE ratio of 7.65 and a beta of 0.29.
Institutional Investors Weigh In On Grupo Simec
An institutional investor recently bought a new position in Grupo Simec stock. Banco BTG Pactual S.A. bought a new position in Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 7,899 shares of the basic materials company’s stock, valued at approximately $212,000. 0.17% of the stock is owned by institutional investors and hedge funds.
Grupo Simec Company Profile
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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