Grupo Simec Price Performance
Shares of NYSEAMERICAN:SIM traded down $3.29 on Monday, hitting $31.00. 6,323 shares of the company’s stock were exchanged, compared to its average volume of 1,570. The stock has a market capitalization of $4.78 billion, a P/E ratio of 20.81 and a beta of 0.34. Grupo Simec has a 1-year low of $28.00 and a 1-year high of $38.22. The stock’s 50-day moving average is $34.91.
Grupo Simec (NYSEAMERICAN:SIM – Get Free Report) last announced its earnings results on Monday, October 30th. The basic materials company reported $0.64 earnings per share (EPS) for the quarter. The firm had revenue of $554.20 million during the quarter. Grupo Simec had a return on equity of 9.25% and a net margin of 10.40%.
Institutional Trading of Grupo Simec
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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