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Blue Chip Growth

Stock Report: Grupo SIMEC SAB de CV Unsponsored ADR Class B (SIM) Report Updated: Oct 27, 2014 | Print This Page

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Grupo SIMEC SAB de CV Unsponsored ADR Class B (SIM)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Metals & Mining
Competitors: RIC, SBGL, AA, CENX

Stock Analysis

Rating: Monthly View

A
B
C
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October November December January February March April May June July August September

Rating: Weekly View

This Week: B down upgrade
Last Week: C same no change
Two Weeks Ago: C up downgrade
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Grupo SIMEC SAB de CV Unsponsored ADR Class B© quotemedia

Company Profile

Grupo Simec, S.A.B. de C.V., together with its subsidiaries, engages in the manufacture, processing, and distribution of special bar quality (SBQ) steel and structural products primarily in the United States, Mexico, and Canada. Its steel products include I-beams; channels; structural and commercial angles; hot rolled bars, such as round, square, and hexagonal rods; flat bars; rebars; cold finished bars; wire rods; semi-finished tube rounds; and other semi-finished trade products. The company’s SBQ products are used in various engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. It also has operations in Latin America, Europe, and Asia. The company was founded in 1969 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.

Recent News: Grupo SIMEC SAB de CV Unsponsored ADR Class B