Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $13.51 and traded as low as $13.22. Grupo Bimbo shares last traded at $13.22, with a volume of 242 shares.
Grupo Bimbo Stock Up 7.2%
The firm has a 50 day moving average of $13.04 and a two-hundred day moving average of $13.51. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.69 and a current ratio of 0.89.
About Grupo Bimbo
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.
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