Grupo Aeromexico SAB de CV (OTCMKTS:GRPAF) Rating Lowered to Sell at Deutsche Bank

Grupo Aeromexico SAB de CV (OTCMKTS:GRPAF) was downgraded by stock analysts at Deutsche Bank from a “hold” rating to a “sell” rating in a research note issued on Wednesday, The Fly reports.

OTCMKTS GRPAF opened at $0.29 on Wednesday. The firm has a 50 day simple moving average of $0.36 and a 200-day simple moving average of $0.63. Grupo Aeromexico SAB de CV has a one year low of $0.20 and a one year high of $0.93.

About Grupo Aeromexico SAB de CV

Grupo Aeroméxico, SAB. de C.V., through its subsidiaries, provides commercial aviation services for passengers and cargo in Mexico and internationally. As of October 17, 2018, it operated a fleet of approximately 130 aircraft comprising Boeing 787 and 737 jet airliners, and Embraer 170 and 190 aircraft covering approximately 1,000 destinations in 179 countries.

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