StockNews.com initiated coverage on shares of Grupo Simec ( NYSEAMERICAN:SIM – Free Report ) in a report issued on Thursday. The firm issued a hold rating on the basic materials company's stock. Grupo Simec Stock Performance Shares of NYSEAMERICAN:SIM opened at $32.30 on Thursday. The stock has a market cap of $4.98 billion, a P/E ratio of 22.59 and a beta of 0.37. Grupo Simec has a 52 week low of $26.21 and a 52 week high of $38.22. The company has a 50 day moving average price of $34.

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