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 $71.63, up 1.71% from its previous closing price of $70.43. In other words, the price has increased by $1.71 from its previous closing price. On the day, 1.08 million shares were traded. GGAL stock price reached its highest trading level at $72.51 during the session, while it also had its lowest trading level at $70.1.
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 12021447680 and an Enterprise Value of -5283855204352. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.86, and their Forward P/E ratio for the next fiscal year is 9.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at -0.8.
Stock Price History:
The Beta on a monthly basis for GGAL is 1.82, which has changed by 3.224955 over the last 52 weeks, in comparison to a change of 0.22212577 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 $14.21. The 50-Day Moving Average of the stock is 17.87%, while the 200-Day Moving Average is calculated to be 73.88%.
Shares Statistics:
It appears that GGAL traded 1.08M shares on average per day over the past three months and 1081890 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 25.75% stake in the company. Shares short for GGAL as of 1735603200 were 4505959 with a Short Ratio of 4.16, compared to 1732838400 on 3547791. Therefore, it implies a Short% of Shares Outstanding of 4505959 and a Short% of Float of 5.3400002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.95.
