Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed at $58.23 in the last session, up 3.76% from day before closing price of $56.12. In other words, the price has increased by $3.76 from its previous closing price. On the day, 0.69 million shares were traded. GGAL stock price reached its highest trading level at $58.42 during the session, while it also had its lowest trading level at $56.2.
Ratios:
We take a closer look at GGAL’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.05.
On August 08, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $28 to $36.
JP Morgan Downgraded its Neutral to Underweight on January 31, 2022, whereas the target price for the stock was revised from $9 to $8.
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 9848032256 and an Enterprise Value of -5303615619072. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.39, and their Forward P/E ratio for the next fiscal year is 8.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at -0.803.
Stock Price History:
Over the past 52 weeks, GGAL has reached a high of $60.58, while it has fallen to a 52-week low of $14.21. The 50-Day Moving Average of the stock is 12.66%, while the 200-Day Moving Average is calculated to be 63.97%.
Shares Statistics:
According to the various share statistics, GGAL traded on average about 985.52K shares per day over the past 3-months and 1143540 shares per day over the past 10 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 16.02% stake in the company. Shares short for GGAL as of 1731628800 were 3631282 with a Short Ratio of 3.68, compared to 1728950400 on 3790043. Therefore, it implies a Short% of Shares Outstanding of 3631282 and a Short% of Float of 4.31.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.95.
