Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed at $62.82 in the last session, down -2.30% from day before closing price of $64.30. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 0.58 million shares were traded. GGAL stock price reached its highest trading level at $63.89 during the session, while it also had its lowest trading level at $62.03.
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 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 10966423552 and an Enterprise Value of -5296846536704. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.90, and their Forward P/E ratio for the next fiscal year is 8.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 2.02. Its current Enterprise Value per Revenue stands at -0.802.
Stock Price History:
Over the past 52 weeks, GGAL has reached a high of $70.30, while it has fallen to a 52-week low of $14.21. The 50-Day Moving Average of the stock is 9.76%, while the 200-Day Moving Average is calculated to be 61.56%.
Shares Statistics:
According to the various share statistics, GGAL traded on average about 1.05M shares per day over the past 3-months and 1229440 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 25.55% stake in the company. Shares short for GGAL as of 1734048000 were 4563014 with a Short Ratio of 4.33, compared to 1731628800 on 3631282. Therefore, it implies a Short% of Shares Outstanding of 4563014 and a Short% of Float of 5.41.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.95.
