Grupo Bimbo (OTCMKTS:GRBMF) Stock Price Crosses Below 50-Day Moving Average – Should You Sell?

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.83 and traded as low as $2.39. Grupo Bimbo shares last traded at $2.39, with a volume of 5,000 shares trading hands.

Grupo Bimbo Stock Performance

The company has a 50 day simple moving average of $2.83 and a 200-day simple moving average of $3.23.

Grupo Bimbo Company Profile

(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.

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