Mar
24
Investors certainly have to be happy with
Grupo Financiero Galicia S.A. (
GGAL
)
and its short term performance. After all, the stock has jumped
by 15.3% 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 #1 (Strong 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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