Dec
2
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has received a strong buy rating for the short term, according to the latest rank of 1 from research firm, Zacks. The company received an average rating of 2.25 from 4 analysts. 1 analyst have rated it as strong sell. 2 have rated it as a strong buy. 1 analysts recommended buying the shares.
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) ended Tuesday session in red amid volatile trading. The shares closed down 0.54 points or 2.15% at $24.61 with 377,034 shares getting traded. Post opening the session at $25.14, the shares hit an intraday low of $24.52 and an intraday high of $25.4 and the price vacillated in this range throughout the day. The company has a market cap of $3,200 million and the number of outstanding shares have been calculated to be 130,026,459 shares. The 52-week high of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) is $29.25 and the 52-week low is $13.81.
The company shares have rallied 61.63% from its 1 Year high price. On Nov 23, 2015, the shares registered one year high at $29.25 and the one year low was seen on Dec 16, 2014. The 50-Day Moving Average price is $24.50 and the 200 Day Moving Average price is recorded at $20.96. Institutional Investors own 12.47% 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.
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