How to Buy Grupo Simec Sab De Cv Stock
Grupo Simec Sab De Cv
Grupo Simec, S. A. B. de C. V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, and Canada.
Grupo Simec Sab De Cv stock last closed at $31.00, up 0% from the previous day, and has decreased 11.45% in one year. It has underperformed other stocks in the Steel industry by 0.28 percentage points. Grupo Simec Sab De Cv stock is currently +10.12% from its 52-week low of $28.15, and -16.22% from its 52-week high of $37.00.
As of May 2, 2024, there are 462.14M shares of SIM outstanding. The market cap of SIM is $4.77B. In the last 24 hours, 43 SIM shares were traded.
How to Buy Grupo Simec Sab De Cv Stock
Not sure how to invest in Grupo Simec Sab De Cv stock? Here's how.
- Choose where to buy Grupo Simec Sab De Cv stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Grupo Simec Sab De Cv stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your information.
- Analyze Grupo Simec Sab De Cv stock: The Grupo Simec Sab De Cv ticker symbol is SIM. Is Grupo Simec Sab De Cv stock a good investment? Should you buy shares of SIM? How do SIM's underlying business fundamentals look? Do top analysts think Grupo Simec Sab De Cv is a good buy? Why has SIM's stock price moved recently? (Hint: Our stock research website can help you understand if SIM is a good stock to buy).
- Make your SIM buy order: Decide if you will purchase SIM shares at the current market price or use a limit order to purchase SIM shares at a particular price.
- Keep an eye on your investment in SIM: Create a watchlist to monitor your investment in Grupo Simec Sab De Cv stock.
Step 1: Choose where to buy Grupo Simec Sab De Cv stock
You will need an online brokerage account to access the NYSEMKT market and buy SIM stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to invest in SIM stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on one of the most highly reviewed stock apps, you need to deposit funds:
Check out this video walkthrough for more details depositing money into your investment account.
Step 4: Analyze Grupo Simec Sab De Cv stock
After you have selected the best place to buy Grupo Simec Sab De Cv stock, it's crucial to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Grupo Simec Sab De Cv shares data
Grupo Simec Sab De Cv Due Diligence Checks
WallStreetZen was built to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on SIM's stock page.
What is the fair value of SIM stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SIM's fair value.
Using relative valuations measures:
- SIM may be undervalued based on its P/E ratio of 10.95x, relative to Steel industry P/E ratio of 11.85x
- SIM may be overvalued based on its P/B ratio of 1.79x, relative to Steel industry P/B ratio of 0.95x
- SIM could be undervalued based on its PEG ratio of 0.43x
You can access additional valuation research on SIM's stock here.
SIM Financial Health Summary
Positive Health Checks:
- SIM's operating cash flow of $496.91M allows it to safely service it's debt of $324.65k.
- There are more short-term assets than long-term liabilities on the SIM balance sheet.
- SIM earnings of $622.91M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the SIM balance sheet.
Negative Health Checks:
- Total SIM debt is higher than 5 years ago, relative to shareholder equity.
- SIM has a relatively high debt to equity ratio of 0.41.
- SIM profit margin has gone down from 17% to 14.5% in the past year.
SIM Technical Indicators
SIM Earnings
Last year, SIM earnings were $436.57M. Over the last 5 year, SIM's earnings have increased by 34.9% per year. This was faster than the Steel industry average of 6.98%.
Last year, SIM revenue was $3.01B. In the last 5 year, SIM's revenue has increased by 13.76% per year. This was faster than the Steel industry average of 7.32%.
Dig into SIM's earnings and revenue performance here.
Are SIM executives and large shareholders buying or selling the stock?
In the last year, insiders at SIM have not bought or sold any shares.
Learn more about who owns SIM stock here.
Does SIM stock generate passive income?
No, Grupo Simec Sab De Cv doesn't provide an income stream by paying out dividends.
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Step 5: Make your SIM buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, place a limit order.
Click the Open button and your broker will execute the order.
If you want additional info about buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in SIM
Now that you own some shares in SIM, you'll want to stay up-to-date on your investment.
Make a watchlist to keep tabs on your SIM stock.
SIM Feed
How to Buy Stock in Grupo Simec Sab De Cv
To summarize, here are the 6 steps you need to take to buy Grupo Simec Sab De Cv stock right now:
- Choose where to buy Grupo Simec Sab De Cv stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Grupo Simec Sab De Cv stock
- Make your SIM buy order
- Keep an eye on your investment in SIM
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Grupo Simec Sab De Cv, click below.
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