Shares of Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY – Get Rating) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $41.81 and traded as low as $39.90. Grupo Financiero Banorte shares last traded at $40.39, with a volume of 10,982 shares traded.

Wall Street Analysts Forecast Growth

Separately, Scotiabank cut shares of Grupo Financiero Banorte from an "outperform" rating to a "sector perform" rating in a research report on Friday, January 20th.

Grupo Financiero Banorte Trading Down 0.0 %

The stock has a fifty day simple moving average of $41.81 and a 200-day simple moving average of $38.63.

Grupo Financiero Banorte Company Profile

(Get Rating)

Grupo Financiero Banorte SAB de CV is a holding company, which engages in the provision of banking services. It operates through the following segments: Holding, Banorte, Savings and Forecast, Landlord and Factor, Storage, and Brokerage house Banorte. The company was founded in 1899 and is headquartered in Mexico City, Mexico.

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