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

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report)’s share price crossed 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 traded.

Grupo Bimbo Price Performance

The firm’s fifty day simple moving average is $2.83 and its two-hundred day simple moving average is $3.22.

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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