Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Grupo Financiero Galicia ADR’s stock clocked out at $60.04, up 0.86% from its previous closing price of $59.53. In other words, the price has increased by $0.86 from its previous closing price. On the day, 1.14 million shares were traded. GGAL stock price reached its highest trading level at $61.32 during the session, while it also had its lowest trading level at $58.9.
Ratios:
To gain a deeper understanding of GGAL’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.36 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 9950249984 and an Enterprise Value of -605427990528. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.72, and their Forward P/E ratio for the next fiscal year is 6.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at -0.088.
Stock Price History:
The Beta on a monthly basis for GGAL is 1.77, which has changed by 1.1419907 over the last 52 weeks, in comparison to a change of 0.05279863 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 5.26%, while the 200-Day Moving Average is calculated to be 19.04%.
Shares Statistics:
It appears that GGAL traded 1.24M shares on average per day over the past three months and 2371220 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 26.45% stake in the company. Shares short for GGAL as of 1743379200 were 3242417 with a Short Ratio of 2.62, 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 0.29. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.95.
