Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $12.24 and last traded at $12.24, with a volume of 448 shares changing hands. The stock had previously closed at $12.4570.
Grupo Bimbo Stock Performance
The business’s 50-day moving average price is $13.65 and its 200 day moving average price is $13.41. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.69 and a current ratio of 0.89.
Grupo Bimbo Company Profile
Grupo Bimbo, SAB. de C.V. is a Mexico-based food company and one of the world’s largest baking companies. Founded in Mexico City in 1945, the company produces, distributes and sells branded bakery and snack foods through retail, foodservice and other distribution channels.
Its portfolio includes packaged bread, buns, rolls, tortillas, pastries, cakes, cookies, sweet baked goods and savory snacks. Products are sold under brands that include Bimbo, Marinela, Oroweat, Arnold, Sara Lee and Barcel, with brand availability varying by market.
Grupo Bimbo serves consumers across North America, Latin America, Europe, Asia and Africa, supported by an extensive network of bakeries, distribution centers and delivery routes.
Further Reading
- Five stocks we like better than Grupo Bimbo
- Jabil’s Double-Beat and Raise Is a Signal That This Rally Will Continue
- Anthropic’s IPO Could Put Amazon’s and Alphabet’s Paper Profits to the Test
- Microsoft’s AI Spending Didn’t Change—Wall Street’s View of It Did
- Cleared for Takeoff: AAR Corp. Expands Its Aerospace Aftermarket Reach
Receive News & Ratings for Grupo Bimbo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Bimbo and related companies with MarketBeat.com's FREE daily email newsletter.
