Grupo Bimbo (OTCMKTS:GRBMF) Shares Down 7.1% – Should You Sell?

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report)’s share price dropped 7.1% during mid-day trading on Wednesday . The stock traded as low as $3.05 and last traded at $3.05. Approximately 673 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 2,690 shares. The stock had previously closed at $3.28.

Grupo Bimbo Price Performance

The firm’s 50 day moving average price is $3.33 and its 200-day moving average price is $3.59.

About Grupo Bimbo

(Get Free Report)

Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.

Further Reading

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