Grupo TMM SAB (OTCMKTS:GTMAY) Share Price Crosses Below 200 Day Moving Average of $1.55
Grupo TMM SAB (OTCMKTS:GTMAY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.55 and traded as low as $1.30. Grupo TMM SAB shares last traded at $1.30, with a volume of 166 shares changing hands.
Separately, ValuEngine raised Grupo TMM SAB from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.
The business has a 50 day simple moving average of $1.51 and a 200-day simple moving average of $1.55. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $28.41 million, a P/E ratio of -5.20 and a beta of 0.31.
Grupo TMM, SAB., together with its subsidiaries, operates as a logistics and transportation company in Mexico. It operates in four segments: Maritime, Logistics, Ports and Terminals, and Warehousing. The company offers maritime transportation services, including offshore vessels, which provide transportation and other services to the Mexican offshore oil industry; tankers that transport petroleum products in Mexican waters; parcel tankers, which transport liquid chemical and vegetable oil cargos from and to the United States and Mexico; tugboats that provide towing services at the port of Manzanillo, Mexico; and dry bulk carriers that transport unpackaged commodities, such as steel between South America, the Caribbean, and Mexico.
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