Grupo Financiero Galicia S.A., 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. The company's products and services cover savings, current, and checking accounts; personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services. It also offers financing products and services; consumer finance services; electronic check; global custody services; Fima funds; financial and stock market services to individuals, companies, and financial institutions; foreign trade services; and capital market and investment banking products that include debt securities, short-term securities, bills, and financial trusts. In addition, the company provides robbery, personal accident, life collective, home, life, integral pyme, pet, surety, various risks, and technical insurance products. Further, it offers private banking services to high net worth individuals; and operates digital investment platform. As of December 31, 2021, it had 312 full service banking branches; and 1,991 ATMs and self-service terminals. Grupo Financiero Galicia S.A. was founded in 1905 and is based in Buenos Aires, Argentina.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on GGAL. Grupo Santander raised Grupo Financiero Galicia from a "hold" rating to an "outperform" rating and set a $21.30 price target for the company in a research report on Monday, June 13th. StockNews.com downgraded Grupo Financiero Galicia from a "buy" rating to a "hold" rating in a report on Thursday, May 12th.
Grupo Financiero Galicia Stock Performance
Grupo Financiero Galicia stock traded down $0.09 on Tuesday, reaching $8.22. 445,470 shares of the stock were exchanged, compared to its average volume of 620,386. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.17. Grupo Financiero Galicia has a twelve month low of $5.75 and a twelve month high of $12.75. The firm has a fifty day moving average price of $7.21 and a two-hundred day moving average price of $8.81.