Dec
23
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) advanced to $25.16. The price had gained 0.32% or 0.08 points intraday. The latest trading session witnessed $0.56 million in upticks and $2.2 million in downticks, resulting in net money flow of (-1.64) million. The up/down ratio for the day stood at 0.26. On a weekly scale, the price has seen a change of 3.07%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-1.79) million occurred during the day. $0 million in uptick and $1.79 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.
Grupo Financiero Galicia S.A. is up 42.24% in the last 3-month period. Year-to-Date the stock performance stands at 59.8%. Shares of Grupo Financiero Galicia S.A. appreciated by 1.85% during the last five trading days but lost 11.01% on a 4-week basis.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose 0.84% or 0.21 points on Tuesday and made its way into the gainers of the day. After trading began at $25.17 the stock was seen hitting $25.4 as a peak level and $24.91 as the lowest level. The stock ended up at $25.29. The daily volume was measured at 355,881 shares. The 52-week high of the share price is $29.25 and the 52-week low is $14.99. The company has a market cap of $3,288 million.
During the last several months other analysts have commented on the company rating. Piper Jaffray upgrades their rating on the shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL). The current rating of the shares is Outperform. Earlier, the shares were rated a Market Perform by the brokerage firm. Equity Analysts at the Firm announces the price target to $30 per share. The rating by the firm was issued on July 20, 2015.
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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