rts logo

Things appear to be looking up for Grupo Financiero Galicia ADR (GGAL)

Grupo Financiero Galicia ADR (NASDAQ: GGAL) is -5.63% 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 $58.43 in the last trading session, with the day’s gains setting it 0.38%.

Currently trading at $58.81, the stock is -2.27% and 2.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 0.65% at the moment leaves the stock 10.74% off its SMA200. GGAL registered 77.80% gain for a year compared to 6-month gain of 13.55%.

The stock witnessed a 12.73% loss in the last 1 month and extending the period to 3 months gives it a -7.52%, and is 1.12% 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 4.19% over the week and 4.99% over the month.

Current P/E ratio is 5.60 and Fwd P/E is 7.36. Profit margin for the company is 14.77%. Distance from 52-week low is 155.20% and -20.53% 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 -37.46% this year, but quarterly earnings will post 25.05% year-over-year.

Grupo Financiero Galicia ADR (GGAL) Top Institutional Holders

The shares outstanding are 132.50M, and float is at 132.40M with Short Float at 2.68%.

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 PRICE T ROWE ASSOCIATES INC /MD/ with 1.49 million shares valued at $45.49 million to account for 0.1009 of the shares outstanding. The other top investors are INCA INVESTMENTS LLC which holds 1.35 million shares representing 0.0915% and valued at over $41.23 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.0699 of the shares totaling 1.03 million with a market value of $31.51 million.

Grupo Financiero Galicia ADR (GGAL) Insider Activity

#####

Related Posts