Grupo Financiero Galicia ADR (NASDAQ: GGAL) is 14.94% higher on its value in year-to-date trading and has touched a low of $14.21 and a high of $74.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GGAL stock was last observed hovering at around $70.43 in the last trading session, with the day’s gains setting it 1.2%.
Currently trading at $71.63, the stock is 6.73% and 17.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 1.71% at the moment leaves the stock 73.88% off its SMA200. GGAL registered 383.12% gain for a year compared to 6-month gain of 161.70%. The firm has a 50-day simple moving average (SMA 50) of $60.39 and a 200-day simple moving average (SMA200) of $41.816.
The stock witnessed a 16.32% loss in the last 1 month and extending the period to 3 months gives it a 44.88%, and is -0.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.13% over the week and 5.31% over the month.
Current P/E ratio is 7.86 and Fwd P/E is 9.83. Profit margin for the company is 8.48%. Distance from 52-week low is 403.94% and -3.20% from its 52-week high. The company has generated returns on investments over the last 12 months (27.96%).
with sales reaching $1.25B over the same period.The EPS is expected to grow by 372.27% this year, but quarterly earnings will post 154.29% year-over-year. Quarterly sales are estimated to grow 49.89% in year-over-year returns.
The shares outstanding are 119.35M, and float is at 119.25M with Short Float at 3.78%.
The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 25193.0 shares valued at $0.77 million. The investor’s holdings represent 0.0017 of the GGAL Shares outstanding. As of 2024-06-30, the second largest holder is DISCOVERY CAPITAL MANAGEMENT, LLC / CT with 1.57 million shares valued at $47.85 million to account for 0.0012 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 1.49 million shares representing 0.0012 and valued at over $45.49 million, while INCA INVESTMENTS LLC holds 0.0011 of the shares totaling 1.35 million with a market value of $41.23 million.
