Grupo Bimbo (OTCMKTS:BMBOY) Shares Gap Up – Time to Buy?

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $12.56, but opened at $13.16. Grupo Bimbo shares last traded at $13.15, with a volume of 550 shares.

Grupo Bimbo Price Performance

The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.69 and a current ratio of 0.89. The stock has a 50-day simple moving average of $13.08 and a 200 day simple moving average of $13.29.

About Grupo Bimbo

(Get Free Report)

Grupo Bimbo, SAB. de C.V. is a Mexico-based multinational food company and one of the world’s largest baking companies. Founded in Mexico City in 1945, the company produces, distributes and sells packaged bakery and other food products through a broad international operating network.

Its product portfolio includes sliced bread, buns, rolls, tortillas, sweet baked goods, cookies, cakes, pastries, snacks and related food items. Grupo Bimbo markets products under well-known brands such as Bimbo, Marinela, Wonder, Oroweat, Sara Lee, Thomas’ and Takis, although brand availability varies by country.

Grupo Bimbo serves consumers across North America, Latin America, Europe, Asia and other international markets.

Further Reading

Receive News & Ratings for Grupo Bimbo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Bimbo and related companies with MarketBeat.com's FREE daily email newsletter.