Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $59.15 and last traded at $60.40, with a volume of 1042621 shares traded. The stock had previously closed at $61.48.
Grupo Financiero Galicia Price Performance
The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.10. The stock has a market cap of $8.64 billion, a P/E ratio of 8.63 and a beta of 1.79. The firm has a 50 day moving average price of $56.83 and a 200 day moving average price of $59.56.
Institutional Investors Weigh In On Grupo Financiero Galicia
A number of institutional investors and hedge funds have recently bought and sold shares of GGAL. Townsquare Capital LLC increased its holdings in shares of Grupo Financiero Galicia by 1.2% in the fourth quarter. Townsquare Capital LLC now owns 22,975 shares of the bank's stock worth $1,432,000 after purchasing an additional 283 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Grupo Financiero Galicia during the 4th quarter worth approximately $27,000. Bank of New York Mellon Corp boosted its position in shares of Grupo Financiero Galicia by 1.6% during the 1st quarter. Bank of New York Mellon Corp now owns 30,890 shares of the bank's stock valued at $1,683,000 after acquiring an additional 483 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new position in shares of Grupo Financiero Galicia in the fourth quarter valued at $34,000. Finally, Commonwealth Equity Services LLC increased its position in Grupo Financiero Galicia by 11.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 6,102 shares of the bank's stock worth $380,000 after purchasing an additional 618 shares during the last quarter.
About Grupo Financiero Galicia
(
Get Free Report)
Grupo Financiero Galicia SA, a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.
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