Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM – Get Free Report) shares were up 0.1% during mid-day trading on Monday . The company traded as high as $30.05 and last traded at $30.05. Approximately 137 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 332 shares. The stock had previously closed at $30.01.
Grupo Simec Trading Up 0.1%
The firm has a market capitalization of $4.62 billion, a PE ratio of 44.19 and a beta of 0.16. The stock has a 50 day simple moving average of $30.28 and a 200 day simple moving average of $30.05.
Grupo Simec (NYSEAMERICAN:SIM – Get Free Report) last posted its earnings results on Saturday, February 14th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter. Grupo Simec had a return on equity of 3.49% and a net margin of 6.79%.The firm had revenue of $442.30 million for the quarter.
Grupo Simec Company Profile
Grupo Simec (NYSE American: SIM) is a Mexico‐based producer and distributor of long steel products, serving construction, infrastructure, industrial and energy markets. The company’s core operations encompass the manufacture of merchant bar steel, including reinforcing bar (rebar), wire rod, merchant bars and structural shapes. In parallel, its service centers offer cutting, bending and other value‐added processing services to meet the precise specifications of fabricators and end users.
With multiple steel mills located throughout Mexico and an expanding footprint in the United States, Grupo Simec maintains a vertically integrated supply chain that spans raw‐material sourcing, steelmaking and downstream processing.
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