Grupo México (OTCMKTS:GMBXF) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXFGet Free Report) shares 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 changing hands.

Analysts Set New Price Targets

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

Get Our Latest Research Report on Grupo México

Grupo México Stock Down 1.1 %

The firm has a 50 day moving average of $5.08 and a 200-day moving average of $5.17.

About Grupo México

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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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