Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $27.00, but opened at $25.31. Grupo Simec shares last traded at $25.31, with a volume of 149 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com downgraded Grupo Simec from a “strong-buy” rating to a “buy” rating in a report on Friday, November 8th.
Get Our Latest Research Report on SIM
Grupo Simec Stock Performance
Grupo Simec (NYSEAMERICAN:SIM – Get Free Report) last posted its earnings results on Tuesday, October 29th. The basic materials company reported $1.00 earnings per share for the quarter. The company had revenue of $452.15 million for the quarter. Grupo Simec had a return on equity of 18.62% and a net margin of 29.44%.
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.
Read More
- Five stocks we like better than Grupo Simec
- Earnings Per Share Calculator: How to Calculate EPS
- Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy
- How to Calculate Options Profits
- Williams-Sonoma Stock: Buy It and Never Let It Go
- Stock Sentiment Analysis: How it Works
- 5 Dividend ETFs to Buy and Hold Forever
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.
