Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Grupo Financiero Galicia ADR’s stock clocked out at $71.00, down -1.69% from its previous closing price of $72.22. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.93 million shares were traded. GGAL stock price reached its highest trading level at $73.0184 during the session, while it also had its lowest trading level at $69.69.
Ratios:
To gain a deeper understanding of GGAL’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.05.
On August 30, 2024, JP Morgan Upgraded its rating to Overweight which previously was Underweight but kept the price unchanged to $54.
BofA Securities Upgraded its Underperform to Buy on August 08, 2024, whereas the target price for the stock was revised from $28 to $36.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GGAL now has a Market Capitalization of 12256517120 and an Enterprise Value of -5284784242688. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.79, and their Forward P/E ratio for the next fiscal year is 9.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at -0.8.
Stock Price History:
Over the past 52 weeks, GGAL has reached a high of $74.00, while it has fallen to a 52-week low of $14.21. The 50-Day Moving Average of the stock is 19.58%, while the 200-Day Moving Average is calculated to be 76.34%.
Shares Statistics:
It appears that GGAL traded 1.08M shares on average per day over the past three months and 826980 shares per day over the past ten days. A total of 119.35M shares are outstanding, with a floating share count of 119.25M. Insiders hold about 0.09% of the company’s shares, while institutions hold 25.61% stake in the company. Shares short for GGAL as of 1734048000 were 4563014 with a Short Ratio of 4.22, compared to 1731628800 on 3631282. Therefore, it implies a Short% of Shares Outstanding of 4563014 and a Short% of Float of 5.41.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.95.
