Grupo Financiero Galicia ADR (NASDAQ: GGAL) is -9.56% lower on its value in year-to-date trading and has touched a low of $22.38 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 $57.72 in the last trading session, with the day’s loss setting it -1.36%.
Currently trading at $56.36, the stock is -1.27% and -9.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -2.36% at the moment leaves the stock 16.96% off its SMA200. GGAL registered 145.14% gain for a year compared to 6-month gain of 24.86%. The firm has a 50-day simple moving average (SMA 50) of $62.4006 and a 200-day simple moving average (SMA200) of $48.53565.
The stock witnessed a -5.36% loss in the last 1 month and extending the period to 3 months gives it a -16.82%, and is -1.37% 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 4.64% over the week and 5.72% over the month.
Current P/E ratio is 6.21 and Fwd P/E is 5.83. Profit margin for the company is 8.48%. Distance from 52-week low is 151.79% and -23.84% from its 52-week high. The company has generated returns on investments over the last 12 months (27.96%).
The EPS is expected to shrink by -17.44% this year
237.0 institutions hold shares in Grupo Financiero Galicia ADR (GGAL), with institutional investors hold 30.85% of the company’s shares. The shares outstanding are 132.50M, and float is at 132.40M with Short Float at 2.14%. Institutions hold 27.82% of the Float.
The top institutional shareholder in the company is DISCOVERY CAPITAL MANAGEMENT, LLC / CT with over 1.57 million shares valued at $47.85 million. The investor’s holdings represent 0.1062 of the GGAL Shares outstanding. As of 2024-06-30, the second largest holder is INCA INVESTMENTS LLC with 1.35 million shares valued at $41.23 million to account for 0.0915 of the shares outstanding. The other top investors are ROKOS CAPITAL MANAGEMENT LLP which holds 1.02 million shares representing 0.0694 and valued at over $31.27 million, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 0.0691 of the shares totaling 1.02 million with a market value of $31.16 million.
