Sep
26
Grupo Financiero Galicia S.A. (
GGAL
)
has
been on the move lately as the stock has risen by
44.02%
in the past four weeks, and it is currently trading well above
its 20-Day SMA. This is a pretty solid move higher, but the
question that has to be on investors’ minds right now is; can
this trend continue?
While there can be no telling for sure, it is certainly
encouraging that earnings estimates have risen in the past few
weeks on the company, suggesting that sentiment on
GGAL
is moving in the right direction. In fact, the stock currently
has a Zacks Rank
#1 (Strong Buy)
, suggesting that the recent run could certainly continue for
this in-focus company.
GRUPO GALIC ADR (GGAL): Free Stock Analysis
Report
To read this article on Zacks.com click here.
Open all references in tabs: [1 – 4]
Comments
Leave a Reply
You must be logged in to post a comment.