Oct
26
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose by 1.14% in the past week and 18.4% for the last 4 weeks. The shares have underperformed the SP 500 by 0.91% during the past week but Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has outperformed the index in 4 weeks by 10.19%.
The company shares have rallied 55.59% 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 27, 2014. The 50-Day Moving Average price is $19.40 and the 200 Day Moving Average price is recorded at $20.34.
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 $20.92 and hit $21.47 on the upside , eventually ending the session at $21.3, with a gain of 2.8% or 0.58 points. The heightened volatility saw the trading volume jump to 642,305 shares. The 52-week high of the share price is $26.13 and the company has a market cap of $2,770 million. The 52-week low of the share price is at $13.14 .
Institutional Investors own 12.54% of Grupo Financiero Galicia S.A. 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.
Comments
Leave a Reply
You must be logged in to post a comment.