Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report) saw unusually-high trading volume on Friday . Approximately 1,013 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 1,045 shares.The stock last traded at $29.45 and had previously closed at $27.23.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Grupo Simec from a “strong-buy” rating to a “buy” rating in a report on Wednesday.
Read Our Latest Stock Report on SIM
Grupo Simec Trading Up 8.2 %
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.
Further Reading
- Five stocks we like better than Grupo Simec
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- 3 REITs to Buy and Hold for the Long Term
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- 10 Best Airline Stocks to Buy
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for Grupo Simec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Simec and related companies with MarketBeat.com's FREE daily email newsletter.