Dec
15
The shares of Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) decreased by 4.87% in the last 20 days but rose 1.81% in the past 5 trading sessions. Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) shares opened at $25.02 in the last session and had intraday high of $25.02 and low of $24.54 for a lower than normal intra-day volatility. Stock trading is easier when the volatility profile is such.
The stock decreased 5.28% or $1.31 on December 14, hitting $23.5. About 525,376 shares traded hands. Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) has risen 12.88% since May 11, 2015 and is uptrending. It has outperformed by 17.29% the SP500.
According to Zacks Investment Research, “Grupo Financiero Galicia SA. is involved in the Financial Services Industry. Their principal activity is to continue to be a financial and investment services holding company and to fulfill the banking services activities of Banco Galicia.”
Grupo Financiero Galicia S.A. is a financial services holding company. The company has a market cap of $3.85 billion. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Company’s largest subsidiary. It currently has negative earnings. Banco Galicia is a bank that provides, directly or through its subsidiaries, a range of financial services and products to large firms, small and medium sized companies (SMEs), and individuals.
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