Grupo México (OTCMKTS:GMBXF) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXFGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-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.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on GMBXF

Grupo México Trading Down 1.1 %

The stock has a 50 day moving average price of $5.08 and a two-hundred day moving average price of $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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