Gruma (OTCMKTS:GPAGF) was downgraded by stock analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Friday, The Fly reports.
Separately, Barclays downgraded Gruma from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 19th.
GPAGF stock opened at $11.58 on Friday. Gruma has a 12-month low of $8.70 and a 12-month high of $12.60. The stock has a 50-day moving average price of $11.64 and a two-hundred day moving average price of $11.42.
Gruma, SAB. de C.V., through its subsidiaries, produces, sells, and exports corn flour, tortillas, and other related products. The company offers corn flour, grits snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crÃªpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; and rice and oats.
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