Stock Market Recap: Grupo Financiero Galicia ADR (GGAL) Concludes at 42.24, a 4.84 Surge/Decline

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After finishing at $40.29 in the prior trading day, Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed at $42.24, up 4.84%. In other words, the price has increased by $4.84 from its previous closing price. On the day, 2.83 million shares were traded. GGAL stock price reached its highest trading level at $42.5 during the session, while it also had its lowest trading level at $40.28.

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 0.15 whereas as Long-Term Debt/Eq ratio is at 0.15.

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 6574656512 and an Enterprise Value of -1958704578560. 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 5.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at -0.332.

Stock Price History:

Over the past 52 weeks, GGAL has reached a high of $41.33, while it has fallen to a 52-week low of $9.81. The 50-Day Moving Average of the stock is 39.48%, while the 200-Day Moving Average is calculated to be 72.55%.

Shares Statistics:

The stock has traded on average 1.06M shares per day over the past 3-months and 1202570 shares per day over the last 10 days, according to various share statistics. 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 1723680000 were 4966940 with a Short Ratio of 4.68, compared to 1721001600 on 4242046. Therefore, it implies a Short% of Shares Outstanding of 4966940 and a Short% of Float of 5.89.

Dividends & Splits

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

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