Jan
4
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose by 5.58% in the past week and 11.12% for the last 4 weeks. In the past week, the shares have outperformed the SP 500 by 6.46% and the outperformance increases to 13.72% for the last 4 weeks.
Grupo Financiero Galicia S.A. is up 57.9% in the last 3-month period. Year-to-Date the stock performance stands at 71.11%.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) : On Thursday 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 $26.62 and hit $27.21 on the upside , eventually ending the session at $27.08, with a gain of 0.71% or 0.19 points. The heightened volatility saw the trading volume jump to 195,752 shares. The 52-week high of the share price is $29.25 and the company has a market cap of $3,521 million. The 52-week low of the share price is at $14.99 .
Institutional Investors own 12.41% 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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