Sep
21
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has dropped 6.15% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 5.42% in the last 4 weeks. The shares are however, negative as compared to the SP 500 for the past week with a loss of 0.77%. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has underperformed the index by 18.96% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Grupo Financiero Galicia S.A. is up 3.61% in the last 3-month period. Year-to-Date the stock performance stands at 21.57%. The company shares have rallied 33.98% in the past 52 Weeks. 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 $19.7 and the 200 day moving average is recorded at $21.12. SP 500 has rallied 1.82% during the last 52-weeks.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) : On Friday heightened volatility was witnessed in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) which led to swings in the share price. The shares opened for trading at $18.86 and hit $19.66 on the upside , eventually ending the session at $19.24, with a gain of 0.47% or 0.09 points. The heightened volatility saw the trading volume jump to 252,755 shares. The 52-week high of the share price is $26.13 and the company has a market cap of $1,961 million. The 52-week low of the share price is at $10.33 .
Institutional Investors own 19.9% of Company shares. During last 3 month period, -7.76% of total institutional ownership has changed in the company shares.
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.
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