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After finishing at $58.69 in the prior trading day, Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed at $58.16, down -0.90%. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.68 million shares were traded. GGAL stock price reached its highest trading level at $60.2849 during the session, while it also had its lowest trading level at $57.46.
Ratios:
Our goal is to gain a better understanding of GGAL by taking a closer look at 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 9819909120 and an Enterprise Value of -608414334976. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.54, and their Forward P/E ratio for the next fiscal year is 7.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at -0.088.
Stock Price History:
The Beta on a monthly basis for GGAL is 1.79, which has changed by 0.5804348 over the last 52 weeks, in comparison to a change of 0.09765589 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 1.75%, while the 200-Day Moving Average is calculated to be 11.15%.
Shares Statistics:
The stock has traded on average 1.23M shares per day over the past 3-months and 1089560 shares per day over the last 10 days, according to various share statistics. 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 26.38% stake in the company. Shares short for GGAL as of 1744675200 were 2926898 with a Short Ratio of 2.37, compared to 1741910400 on 3208785. Therefore, it implies a Short% of Shares Outstanding of 2926898 and a Short% of Float of 10.13.
Dividends & Splits
In the trailing 12 months, GGAL’s forward annual dividend rate was 0.0, compared to 0.00 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.95.
