Grupo Financiero Galicia ADR (NASDAQ: GGAL) is -16.29% lower on its value in year-to-date trading and has touched a low of $23.05 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 $45.67 in the last trading session, with the day’s gains setting it 6.5%.
Currently trading at $52.17, the stock is -5.05% and -10.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing 14.23% at the moment leaves the stock 4.81% off its SMA200. GGAL registered 102.77% gain for a year compared to 6-month gain of 22.70%. The firm has a 50-day simple moving average (SMA 50) of $58.079 and a 200-day simple moving average (SMA200) of $49.9694.
The stock witnessed a -4.08% loss in the last 1 month and extending the period to 3 months gives it a -27.76%, and is -5.47% 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 11.08% over the week and 6.20% over the month.
Current P/E ratio is 4.97 and Fwd P/E is 6.04. Profit margin for the company is 14.77%. Distance from 52-week low is 126.38% and -29.50% from its 52-week high. The company has generated returns on investments over the last 12 months (24.99%).
The EPS is expected to shrink by -43.31% this year, but quarterly earnings will post 30.18% year-over-year.
236.0 institutions hold shares in Grupo Financiero Galicia ADR (GGAL), with institutional investors hold 31.05% of the company’s shares. The shares outstanding are 132.50M, and float is at 132.40M with Short Float at 2.42%. Institutions hold 28.01% 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 SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 1.03 million shares representing 0.0699 and valued at over $31.51 million, while ROKOS CAPITAL MANAGEMENT LLP holds 0.0694 of the shares totaling 1.02 million with a market value of $31.27 million.
