Grupo Financiero Galicia S.A. (NASDAQ:GGAL – Get Rating)'s stock price reached a new 52-week high on Friday . The company traded as high as $11.35 and last traded at $11.27, with a volume of 43439 shares trading hands. The stock had previously closed at $10.56.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. StockNews.com assumed coverage on Grupo Financiero Galicia in a research note on Wednesday, October 12th. They set a "hold" rating for the company. TheStreet raised Grupo Financiero Galicia from a "c" rating to a "b-" rating in a research note on Monday, September 26th.
Get Grupo Financiero Galicia alerts:Grupo Financiero Galicia Stock Up 5.1 %
The business has a 50 day moving average of $8.22 and a 200 day moving average of $7.90. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.07.
Institutional Trading of Grupo Financiero Galicia
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Banco Bilbao Vizcaya Argentaria S.A. purchased a new position in Grupo Financiero Galicia during the second quarter valued at $101,000. Great West Life Assurance Co. Can lifted its position in Grupo Financiero Galicia by 135.6% during the first quarter. Great West Life Assurance Co. Can now owns 10,730 shares of the bank's stock valued at $123,000 after buying an additional 6,176 shares during the period. Quantbot Technologies LP purchased a new position in Grupo Financiero Galicia during the second quarter valued at $148,000. UBS Group AG lifted its position in Grupo Financiero Galicia by 28.4% during the first quarter. UBS Group AG now owns 14,314 shares of the bank's stock valued at $155,000 after buying an additional 3,167 shares during the period. Finally, ExodusPoint Capital Management LP purchased a new position in Grupo Financiero Galicia during the third quarter valued at $168,000. Hedge funds and other 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.
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