Grupo Bimbo (OTCMKTS:BMBOY) Shares Gap Up – Still a Buy?

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $12.56, but opened at $13.16. Grupo Bimbo shares last traded at $13.15, with a volume of 550 shares.

Grupo Bimbo Stock Performance

The business’s 50 day moving average price is $13.08 and its two-hundred day moving average price is $13.29. The company has a quick ratio of 0.69, a current ratio of 0.89 and a debt-to-equity ratio of 1.45.

Grupo Bimbo Company Profile

(Get Free Report)

Grupo Bimbo, SAB. de C.V. is a Mexico-based multinational food company and one of the world’s largest baking companies. Founded in Mexico City in 1945, the company produces, distributes and sells packaged bakery and other food products through a broad international operating network.

Its product portfolio includes sliced bread, buns, rolls, tortillas, sweet baked goods, cookies, cakes, pastries, snacks and related food items. Grupo Bimbo markets products under well-known brands such as Bimbo, Marinela, Wonder, Oroweat, Sara Lee, Thomas’ and Takis, although brand availability varies by country.

Grupo Bimbo serves consumers across North America, Latin America, Europe, Asia and other international markets.

Further Reading

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