Jun
29
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) appreciated by 4.42% during the past week but lost 3.2% on a 4-week basis. The shares have outperformed the SP 500 by 4.84% in the past week but underperformed the index by 2.92% in the last 4 weeks.
Institutional Investors own 22.3% of Company shares. During last 3 month period, 12.08% of total institutional ownership has changed in the company shares. Shares of GGAL have rallied 31.65% in the last 52 Weeks. On March 20, 2015 The shares registered a 52-week high of $26.13 and 52-week low was seen on October 15, 2014 at $10.33. The 50-day moving average is $21.06 and the 200 day moving average is recorded at $20.06. SP 500 has rallied 7.73% 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 0.15 points or 0.77% at $19.39 with 229,400 shares getting traded. Post opening the session at $19.5, the shares hit an intraday low of $19.3 and an intraday high of $19.98 and the price vacillated in this range throughout the day. The company has a market cap of $1,976 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 Amy Miller
For any feedback, suggestions and tips, contact author at AmyMiller@thedailyrover.com
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