The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed at $48.92 in the last session, down -6.23% from day before closing price of $52.17. In other words, the price has decreased by -$6.23 from its previous closing price. On the day, 1.84 million shares were traded. GGAL stock price reached its highest trading level at $51.7 during the session, while it also had its lowest trading level at $47.14.
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 0.36 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 10420742144 and an Enterprise Value of -4500515979264. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.66, and their Forward P/E ratio for the next fiscal year is 5.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at -0.838.
Stock Price History:
The Beta on a monthly basis for GGAL is 1.82, which has changed by 0.65214455 over the last 52 weeks, in comparison to a change of 0.028231144 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 -15.20%, while the 200-Day Moving Average is calculated to be -1.89%.
Shares Statistics:
According to the various share statistics, GGAL traded on average about 1.15M shares per day over the past 3-months and 1770480 shares per day over the past 10 days. 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 26.61% stake in the company. Shares short for GGAL as of 1741910400 were 3208785 with a Short Ratio of 2.81, compared to 1739491200 on 3419397. Therefore, it implies a Short% of Shares Outstanding of 3208785 and a Short% of Float of 3.2899998.
Dividends & Splits
The forward annual dividend rate for GGAL is 0.29, which was 0.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.95.