Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 316 shares, a growth of 87.0% from the August 15th total of 169 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,247 shares, the short-interest ratio is currently 0.3 days.
Grupo Bimbo Price Performance
Shares of BMBOY opened at $13.18 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.89 and a quick ratio of 0.69. The stock has a 50 day moving average price of $13.79 and a two-hundred day moving average price of $13.49. Grupo Bimbo has a 52 week low of $12.24 and a 52 week high of $15.82.
Grupo Bimbo Company Profile
Grupo Bimbo, SAB. de C.V. (OTCMKTS:BMBOY) 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 markets a broad range of baked and packaged foods for retail, foodservice and other customers.
Its products include sliced bread, buns, rolls, pastries, cakes, cookies, tortillas, toast products and snack foods. Grupo Bimbo sells products under brands that include Bimbo, Marinela, Wonder, Oroweat, Sara Lee and Entenmann’s, although its brand portfolio varies by market.
Grupo Bimbo operates through an extensive manufacturing and distribution network serving consumers across North America, Latin America, Europe, Asia and Africa.
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