Grupo TMM SAB (OTCMKTS:GTMAY) Shares Cross Below 200-Day Moving Average of $1.63

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Grupo TMM SAB (OTCMKTS:GTMAY)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.63 and traded as low as $1.38. Grupo TMM SAB shares last traded at $1.50, with a volume of 1,760 shares.

Separately, ValuEngine downgraded Grupo TMM SAB from a “buy” rating to a “hold” rating in a report on Monday, November 4th.

The firm has a 50 day moving average of $1.54 and a two-hundred day moving average of $1.62. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.19 and a current ratio of 1.19.

About Grupo TMM SAB (OTCMKTS:GTMAY)

Grupo TMM, SAB., together with its subsidiaries, operates as a logistics and transportation company in Mexico. It operates in four segments: Maritime, Logistics, Ports and Terminals, and Warehousing. The company offers maritime transportation services, including offshore vessels, which provide transportation and other services to the Mexican offshore oil industry; tankers that transport petroleum products in Mexican waters; parcel tankers, which transport liquid chemical and vegetable oil cargos from and to the United States and Mexico; tugboats that provide towing services at the port of Manzanillo, Mexico; and dry bulk carriers that transport unpackaged commodities, such as steel between South America, the Caribbean, and Mexico.

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