Posted by admin on Jun 26th, 2022
Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM – Get Rating) shares gapped up prior to trading on Friday . The stock had previously closed at $30.42, but opened at $31.85. Grupo Simec shares last traded at $31.85, with a volume of 2 shares trading hands.
The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 11.48 and a beta of 0.50.
Grupo Simec (NYSEAMERICAN:SIM – Get Rating) last posted its quarterly earnings data on Thursday, April 28th. The basic materials company reported $0.73 EPS for the quarter. Grupo Simec had a return on equity of 22.38% and a net margin of 17.05%. The business had revenue of $733.55 million for the quarter.
Grupo Simec Company Profile (NYSEAMERICAN:SIM)
Grupo Simec, SAB. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products.
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