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The closing price of Grupo Financiero Galicia ADR (NASDAQ: GGAL) was $63.24 for the day, down -1.79% from the previous closing price of $64.39. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 1.38 million shares were traded. GGAL stock price reached its highest trading level at $65.6548 during the session, while it also had its lowest trading level at $63.03.
Ratios:
Our analysis of GGAL’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 11038288896 and an Enterprise Value of -600344690688. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.03, and their Forward P/E ratio for the next fiscal year is 7.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at -0.087.
Stock Price History:
The Beta on a monthly basis for GGAL is 1.72, which has changed by 1.0599349 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, GGAL has reached a high of $74.00, while it has fallen to a 52-week low of $23.05. The 50-Day Moving Average of the stock is 10.97%, while the 200-Day Moving Average is calculated to be 23.21%.
Shares Statistics:
GGAL traded an average of 1.26M shares per day over the past three months and 1884990 shares per day over the past ten days. A total of 132.50M shares are outstanding, with a floating share count of 132.40M. Insiders hold about 0.08% of the company’s shares, while institutions hold 26.47% stake in the company. Shares short for GGAL as of 1743379200 were 3242417 with a Short Ratio of 2.58, compared to 1740700800 on 2838513. Therefore, it implies a Short% of Shares Outstanding of 3242417 and a Short% of Float of 3.3299996999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.0, GGAL has a forward annual dividend rate of 0.00. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.95.
