Grupo Simec SAB de CV (NYSEMKT:SIM) Downgraded by BidaskClub

BidaskClub cut shares of Grupo Simec SAB de CV (NYSEMKT:SIM) from a sell rating to a strong sell rating in a research report released on Thursday, October 26th.

Separately, ValuEngine downgraded shares of Grupo Simec SAB de CV from a strong-buy rating to a buy rating in a report on Friday, September 1st.

Shares of Grupo Simec SAB de CV (NYSEMKT SIM) opened at $9.64 on Thursday. Grupo Simec SAB de CV has a 12 month low of $9.29 and a 12 month high of $15.20.

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About Grupo Simec SAB de CV

Grupo Simec, SAB. de C.V. is a manufacturer, processor and distributor of special bar quality (SBQ) steel and structural steel products. The Company operates through two segments Mexican and USA. The Mexican segment includes the plants in Mexicali, Guadalajara, Tlaxcala and San Luis Potosi. The USA segment includes approximately seven Republic Steel, Inc (Republic) plants of which over six are located in the United States (distributed in the states of Ohio, Indiana and New York) and approximately one in Canada (Ontario).

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