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Grupo Simec, S.A.B. de C.V., together with its subsidiaries, manufactures, processes, and distributes special bar quality (SBQ) steel and structural steel products in Mexico, the United States, Canada, Latin America, Europe, and Asia.View SIM
Grupo Simec SAB de CV - SIM - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Grupo Simec SAB de CV as a
Hold with a ratings score of C+.
Report Snippet: We rate GRUPO SIMEC SA DE CV (SIM) a HOLD. The primary factors that have impacted our rating are mixed – some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and growth in earnings per share. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.