Grupo México (OTCMKTS:GMBXF) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXFGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.17 and traded as low as $5.16. Grupo México shares last traded at $5.25, with a volume of 23,534 shares.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded Grupo México from a “strong sell” rating to a “hold” rating in a research report on Monday, March 10th.

View Our Latest Stock Analysis on GMBXF

Grupo México Trading Up 0.5 %

The company’s 50 day simple moving average is $5.07 and its 200-day simple moving average is $5.17.

About Grupo México

(Get Free Report)

Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.

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