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Mexico - Delayed Quote MXN

Gruma, S.A.B. de C.V. (GRUMAB.MX)

370.01

+0.79

+(0.21%)

At close: May 9 at 1:59:58 PM CST

Gruma upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Benjamin Theurer upgraded Gruma (GPAGF) to Overweight from Equal Weight. The firm told investors in a research note on Friday that low valuations driven by higher risk premiums are explained by continued noise from President- elect Trump on Mexico and Canada. Barclays remains cautious but sees attractive fundamentals across the sector. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by

TipRanks 3 months ago

GMKKY

GPAGF
Mexico anti-trust watchdog flags tortilla-maker Gruma on corn-flour market concentration

MEXICO CITY (Reuters) -Tortilla-maker Gruma holds the power to fix higher prices in the corn flour market, Mexico's antitrust watchdog said in a preliminary decision on Monday, concluding that conditions in the top food segment are not competitive. "This market is fundamental for Mexico's economy and the wellbeing of consumers, especially due to its impact on the price of tortillas," the watchdog, known as Cofece, said. Shares of Gruma fell as much as 10% on Monday and closed 7.5% lower.

Reuters 6 months ago

GMKKY

Performance Overview

Return	GRUMAB.MX	S&P/BMV IPC (^MXX)
YTD	+13.72%	+14.21%
1-Year	+12.49%	-2.24%
3-Year	+59.12%	+15.28%