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Grupo Financiero Galicia ADR (GGAL) Stock Could Soon Reward Patient Investors

Grupo Financiero Galicia ADR (NASDAQ: GGAL) is -0.59% 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 $60.04 in the last trading session, with the day’s gains setting it 1.91%.

Currently trading at $61.95, the stock is 12.55% and 8.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 3.18% at the moment leaves the stock 22.40% off its SMA200. GGAL registered 140.44% gain for a year compared to 6-month gain of 24.77%. The firm has a 50-day simple moving average (SMA 50) of $57.0046 and a 200-day simple moving average (SMA200) of $50.7702.

The stock witnessed a 7.33% loss in the last 1 month and extending the period to 3 months gives it a -11.37%, and is 26.64% up 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 6.52% over the week and 6.77% over the month.

Current P/E ratio is 5.90 and Fwd P/E is 7.46. Profit margin for the company is 14.77%. Distance from 52-week low is 168.82% and -16.28% from its 52-week high. The company has generated returns on investments over the last 12 months (24.99%).

with sales reaching $1.48B over the same period.The EPS is expected to shrink by -43.26% this year, but quarterly earnings will post 25.29% year-over-year.

Grupo Financiero Galicia ADR (GGAL) Top Institutional Holders

235.0 institutions hold shares in Grupo Financiero Galicia ADR (GGAL), with institutional investors hold 30.99% of the company’s shares. The shares outstanding are 132.50M, and float is at 132.40M with Short Float at 2.45%. Institutions hold 27.95% 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.

Grupo Financiero Galicia ADR (GGAL) Insider Activity

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