Dec
4
Investors certainly have to be happy with
Grupo Financiero Galicia S.A. (
)
and its short term performance. After all, the stock has jumped
by
32.7%
in the past 4 weeks, and it is also above its 20 Day Simple
Moving Average as well. This is certainly a good trend, but
investors are probably asking themselves, can this positive trend
continue for
GGAL
?
While we can never know for sure, it is pretty encouraging that
estimates for
GGAL
have moved higher in the past few weeks, meaning that analyst
sentiment is moving in the right way. Plus, the stock actually
has a
Zacks Rank #2 (Buy)
, so the recent move higher for this spotlighted company may
definitely continue over the next few weeks.
GRUPO GALIC ADR (GGAL): Free Stock Analysis
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