Apr
13
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has dropped 0.84% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 1.73% in the last 4 weeks. The shares are however, marginally negative as compared to the SP 500 for the past week with a loss of 2.5%. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has underperformed the index by 0.63% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
The company shares have rallied 78.33% from its 1 Year high price. On Mar 20, 2015, the shares registered one year high at $26.13 and the one year low was seen on Oct 15, 2014. The 50-Day Moving Average price is $23.12 and the 200 Day Moving Average price is recorded at $17.26.
Investors in Grupo Financiero Galicia SA (GGAL) witnessed an appreciation in the value of their holding as the shares posted gains of 1.68% or 0.39 points in todays session. The shares which opened the session at 23.23 remained mostly up before concluding the day at 23.54. The stock price hit a high of 23.72 and a low of 23.2 while the volume increased to 407,496 shares. The previous session for the counter had ended at 23.15. From the technical domain, the 30-day simple moving average of 23.35 and the 60-day simple moving average of 20.59 hold tremendous value for the near-term participants. The trading currency is in USD.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has a short ratio of 8.05 , which means that the counter should take 8.05 days to cover the total short interest. The average daily volume for the last 20 days is 644,603 shares. The volume traded during the last 20 days is 0.5% of the total outstanding shares. The 1-month % change in short interest is -15.6%.The shares have witnessed a change of -25.22% in short interest in the past 3 months. The total monthly shares shorted are 0.0367 times the total common shares outstanding.
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