Jane Street Group LLC bought a new position in Grupo Simec SAB de CV (NYSEAMERICAN:SIM) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 13,955 shares of the basic materials company’s stock, valued at approximately $143,000.
Shares of Grupo Simec SAB de CV (SIM) opened at $9.38 on Tuesday. The firm has a market capitalization of $1,540.00, a price-to-earnings ratio of 58.63 and a beta of 1.07. Grupo Simec SAB de CV has a 12 month low of $9.22 and a 12 month high of $14.76.
A number of equities research analysts recently weighed in on the company. BidaskClub upgraded Grupo Simec SAB de CV from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 18th. ValuEngine cut Grupo Simec SAB de CV from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st.
COPYRIGHT VIOLATION NOTICE: “Jane Street Group LLC Buys Shares of 13,955 Grupo Simec SAB de CV (SIM)” was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another domain, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be accessed at https://www.com-unik.info/2017/12/26/jane-street-group-llc-buys-shares-of-13955-grupo-simec-sab-de-cv-sim.html.
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).
Want to see what other hedge funds are holding SIM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grupo Simec SAB de CV (NYSEAMERICAN:SIM).
What are top analysts saying about Grupo Simec SAB de CV? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Grupo Simec SAB de CV and related companies.