Grupo Simec SAB de CV (SIM) Upgraded to “Sell” by BidaskClub

BidaskClub upgraded shares of Grupo Simec SAB de CV (NYSEMKT:SIM) from a strong sell rating to a sell rating in a research note released on Wednesday, October 18th.

Separately, ValuEngine lowered shares of Grupo Simec SAB de CV from a strong-buy rating to a buy rating in a research report on Friday, September 1st.

Grupo Simec SAB de CV (SIM) traded up $0.09 during mid-day trading on Wednesday, hitting $9.73. 4,440 shares of the stock traded hands, compared to its average volume of 2,144. Grupo Simec SAB de CV has a 1 year low of $9.29 and a 1 year high of $15.20.

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About Grupo Simec SAB de CV

Grupo Simec, SAB. de C.V. is a manufacturer, processor and distributor of special bar quality (SBQ) steel and structural steel products. The Company operates through two segments Mexican and USA. The Mexican segment includes the plants in Mexicali, Guadalajara, Tlaxcala and San Luis Potosi. The USA segment includes approximately seven Republic Steel, Inc (Republic) plants of which over six are located in the United States (distributed in the states of Ohio, Indiana and New York) and approximately one in Canada (Ontario).

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