Shares of Grupo Financiero Galicia (NASDAQ:GGAL) saw unusually large options trading activity on Wednesday. Investors bought 1,253 put options on the stock, Analyst RN reports. This is an increase of approximately 382% compared to the typical volume of 260 put options.

A number of research firms have recently commented on GGAL. Analysts at Zacks upgraded shares of Grupo Financiero Galicia from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 8th. They now have a $16.90 price target on the stock. Separately, analysts at JPMorgan Chase Co. downgraded shares of Grupo Financiero Galicia to an “underweight” rating in a research note on Wednesday, June 11th.

Grupo Financiero Galicia (NASDAQ:GGAL) traded up 0.57% on Wednesday, hitting $14.15. The stock had a trading volume of 1,064,519 shares. Grupo Financiero Galicia has a 52-week low of $5.42 and a 52-week high of $18.50. The stock’s 50-day moving average is $15.32 and its 200-day moving average is $12.53. The company has a market cap of $1.840 billion and a price-to-earnings ratio of 6.28.

Grupo Financiero Galicia (NASDAQ:GGAL) last announced its earnings results on Tuesday, May 20th. The company reported $0.79 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.58 by $0.21. On average, analysts predict that Grupo Financiero Galicia will post $2.41 earnings per share for the current fiscal year.

Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.

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