Market Momentum Report: Grupo Financiero Galicia ADR (GGAL)’s Negative Close at 33.79

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed at $33.79 in the last session, down -2.57% from day before closing price of $34.68. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 0.71 million shares were traded. GGAL stock price reached its highest trading level at $35.41 during the session, while it also had its lowest trading level at $33.5.

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 0.18 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on August 08, 2024, Upgraded its rating to Buy and sets its target price to $36 from $28 previously.

On January 31, 2022, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation 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 5397749760 and an Enterprise Value of -1968289873920. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.43, and their Forward P/E ratio for the next fiscal year is 4.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at -0.334.

Stock Price History:

Over the past 52 weeks, GGAL has reached a high of $35.88, while it has fallen to a 52-week low of $9.81. The 50-Day Moving Average of the stock is 13.79%, while the 200-Day Moving Average is calculated to be 42.55%.

Shares Statistics:

According to the various share statistics, GGAL traded on average about 1.04M shares per day over the past 3-months and 986990 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 12.21% stake in the company. Shares short for GGAL as of 1722384000 were 4134825 with a Short Ratio of 3.97, compared to 1719532800 on 3409416. Therefore, it implies a Short% of Shares Outstanding of 4134825 and a Short% of Float of 4.9000002.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.95.

Most Popular