Jun
8
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose by 10.24% in the past week and 4.45% for the last 4 weeks. In the past week, the counter has outperformed the SP 500 by 11% and the outperformance increases to 5.61% for the last 4 weeks.
The company shares have rallied 46.71% from its one year high price. On March 20, 2015 The shares registered one year high of $26.13 and one year low was seen on October 15, 2014 at $10.33. The 50-day moving average is $21.87 and the 200 day moving avarge is recorded at $19.65. SP 500 has rallied 7.25% during the last 52-weeks.
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) ended Friday session in red amid volatile trading. The shares closed down 0.34 points or 1.52% at $22.08 with 426,104 shares getting traded. Post opening the session at $22.39, the shares hit an intraday low of $21.7 and an intraday high of $22.56 and the price vacillated in this range throughout the day. The company has a market cap of $2,250 million and the number of outstanding shares has been calculated to be 101,904,000 shares. The 52-week high of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) is $26.13 and the 52-week low is $10.33.
Grupo Financiero Galicia S.A. (Grupo Financiero Galicia) is a financial services holding company. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Companys largest subsidiary. Banco Galicia is a bank that provides, directly or through its subsidiaries, a range of financial products and services to large corporations, small and medium sized companies (SMEs), and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Company provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it provides insurance products in Argentina. It provides financial services through a distribution platform amongst private-sector financial institutions in Argentina. On April 15, 2014, Banco de Galicia y Buenos Aires SA sold a 95% stake in Galicia Administradora de Fondos to Grupo Financiero Galicia.
Posted by Kristin Jeffcoat
For any feedback, suggestions and tips, contact author at Kristin.Jeffcoat@thedailyrover.com
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