Grupo Financiero Galicia ADR (NASDAQ: GGAL) is -6.79% lower on its value in year-to-date trading and has touched a low of $17.21 and a high of $74.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GGAL stock was last observed hovering at around $58.61 in the last trading session, with the day’s loss setting it -0.52%.
Currently trading at $58.09, the stock is -12.44% and -10.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -0.89% at the moment leaves the stock 29.11% off its SMA200. GGAL registered 229.53% gain for a year compared to 6-month gain of 73.23%. The firm has a 50-day simple moving average (SMA 50) of $64.8894 and a 200-day simple moving average (SMA200) of $45.50895.
The stock witnessed a -14.65% loss in the last 1 month and extending the period to 3 months gives it a 7.93%, and is -8.81% 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 5.54% over the week and 4.87% over the month.
Current P/E ratio is 6.40 and Fwd P/E is 8.19. Profit margin for the company is 8.48%. Distance from 52-week low is 237.59% and -21.50% from its 52-week high. The company has generated returns on investments over the last 12 months (27.96%).
with sales reaching $1.22B over the same period.The EPS is expected to grow by 367.18% this year, but quarterly earnings will post 152.78% year-over-year. Quarterly sales are estimated to grow 46.49% in year-over-year returns.
The shares outstanding are 132.19M, and float is at 132.08M with Short Float at 2.79%.
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.
