Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report) saw strong trading volume on Monday . 956 shares traded hands during trading, an increase of 32% from the previous session’s volume of 724 shares.The stock last traded at $28.15 and had previously closed at $28.73.
Grupo Simec Stock Down 2.0%
The firm has a 50-day simple moving average of $28.39 and a 200 day simple moving average of $27.83. The company has a market cap of $4.33 billion, a price-to-earnings ratio of 25.83 and a beta of 0.34.
About Grupo Simec
Grupo Simec (NYSE American: SIM) is a Mexico?based producer and distributor of long steel products, serving construction, infrastructure, industrial and energy markets. The company’s core operations encompass the manufacture of merchant bar steel, including reinforcing bar (rebar), wire rod, merchant bars and structural shapes. In parallel, its service centers offer cutting, bending and other value?added processing services to meet the precise specifications of fabricators and end users.
With multiple steel mills located throughout Mexico and an expanding footprint in the United States, Grupo Simec maintains a vertically integrated supply chain that spans raw?material sourcing, steelmaking and downstream processing.
Further Reading
- Five stocks we like better than Grupo Simec
- The Fed Pivot Signal Smart Money’s Been Waiting For
- This AI–Quantum Company Expects to Hit $274M in Revenue for 2025
- Do not delete, read immediately
- Terrifying reason Trump killed the U.S. penny?
- “$6.6 Trillion Of Customer Bank Deposits At Risk”
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.
