Sep
28
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has lost 6.5% during the past week and dropped 8.03% 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 5.2%. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has underperformed the index by 5.29% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
The company shares have rallied 28.23% 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 $19.52 and the 200 day moving average is recorded at $20.99. SP 500 has rallied 2.35% during the last 52-weeks.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose 2.51% or 0.44 points on Friday and made its way into the gainers of the day. After trading began at $17.83 the stock was seen hitting $18.3 as a peak level and $17.15 as the lowest level. The stock ended up at $17.99. The daily volume was measured at 308,269 shares. The 52-week high of the share price is $26.13 and the 52-week low is $10.33. The company has a market cap of $1,833 million.
Institutional Investors own 19.9% of Company shares. During last 3 month period, -7.8% 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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