Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL – Get Rating) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.74 and traded as high as $9.28. Grupo Financiero Galicia shares last traded at $9.28, with a volume of 11,937 shares trading hands.
Analyst Upgrades and Downgrades
Several research analysts have commented on GGAL shares. TheStreet raised shares of Grupo Financiero Galicia from a "c" rating to a "b-" rating in a report on Monday, September 26th. StockNews.com initiated coverage on Grupo Financiero Galicia in a report on Wednesday, October 12th. They set a "hold" rating on the stock.
Get Grupo Financiero Galicia alerts:Grupo Financiero Galicia Trading Up 3.7 %
The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.79 and a current ratio of 0.79. The company has a 50 day simple moving average of $7.82 and a two-hundred day simple moving average of $7.74.
Grupo Financiero Galicia Cuts Dividend
The company also recently disclosed an annual dividend, which was paid on Tuesday, October 11th. Shareholders of record on Monday, October 3rd were paid a dividend of $0.0895 per share. This represents a yield of 5.17%. The ex-dividend date was Friday, September 30th.Institutional Investors Weigh In On Grupo Financiero Galicia
Institutional investors have recently made changes to their positions in the company. Great West Life Assurance Co. Can raised its position in Grupo Financiero Galicia by 135.6% in the 1st quarter. Great West Life Assurance Co. Can now owns 10,730 shares of the bank's stock worth $123,000 after purchasing an additional 6,176 shares during the period. UBS Group AG boosted its holdings in Grupo Financiero Galicia by 28.4% during the 1st quarter. UBS Group AG now owns 14,314 shares of the bank's stock valued at $155,000 after acquiring an additional 3,167 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in Grupo Financiero Galicia in the 2nd quarter valued at $101,000. Quantbot Technologies LP purchased a new stake in Grupo Financiero Galicia in the second quarter worth $148,000. Finally, ExodusPoint Capital Management LP bought a new stake in shares of Grupo Financiero Galicia during the third quarter worth $168,000. Institutional investors own 7.87% of the company's stock.
About Grupo Financiero Galicia
(Get Rating)
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. 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.
Featured Articles
- Get a free copy of the StockNews.com research report on Grupo Financiero Galicia (GGAL)
- Micron Technology Sees Chip Recovery by the End of 2023
- Three Healthcare Penny Stocks to Watch In The New Year
- Southwest Airlines Stock, There is a Lot to Love
- MarketBeat: Week in Review 12/19 – 12/23
- These Steelmakers Deserve A Place On Your 2023 Watch List
Receive News & Ratings for Grupo Financiero Galicia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Financiero Galicia and related companies with MarketBeat.com's FREE daily email newsletter.