Oct
12
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) appreciated by 12.18% during the past week but lost 3.85% on a 4-week basis. The shares have outperformed the SP 500 by 8.64% in the past week but underperformed the index by 6.42% in the last 4 weeks.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose 0.25% or 0.05 points on Friday and made its way into the gainers of the day. After trading began at $19.75 the stock was seen hitting $20.05 as a peak level and $19.32 as the lowest level. The stock ended up at $19.71. The daily volume was measured at 361,500 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 $2,009 million.
Grupo Financiero Galicia S.A. has dropped 1.84% during the last 3-month period . Year-to-Date the stock performance stands at 24.54%.
The company shares have rallied 73.05% 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 $18.79 and the 200 Day Moving Average price is recorded at $20.54.
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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