Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $53.87, but opened at $60.90. Grupo Financiero Galicia shares last traded at $61.95, with a volume of 1,108,460 shares traded.
Grupo Financiero Galicia Price Performance
The business has a 50 day simple moving average of $56.34 and a two-hundred day simple moving average of $58.29. The firm has a market capitalization of $9.14 billion, a P/E ratio of 9.12 and a beta of 1.60. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.11 and a current ratio of 1.11.
Institutional Investors Weigh In On Grupo Financiero Galicia
Several hedge funds have recently bought and sold shares of GGAL. JPMorgan Chase & Co. lifted its holdings in shares of Grupo Financiero Galicia by 267.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 92,505 shares of the bank's stock worth $3,894,000 after acquiring an additional 67,312 shares during the last quarter. SMART Wealth LLC bought a new stake in Grupo Financiero Galicia during the fourth quarter worth about $295,000. Verde Servicos Internacionais S.A. bought a new stake in Grupo Financiero Galicia during the fourth quarter worth about $686,000. Deltec Asset Management LLC purchased a new position in shares of Grupo Financiero Galicia in the 4th quarter worth about $262,000. Finally, Nkcfo LLC bought a new position in shares of Grupo Financiero Galicia during the 4th quarter valued at about $312,000.
Grupo Financiero Galicia Company Profile
(
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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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