Grupo Financiero Galicia ADR (GGAL) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 1.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.01 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $37.7499 whereas the lowest price it dropped to was $35.21. The 52-week range on GGAL shows that it touched its highest point at $36.87 and its lowest point at $10.40 during that stretch. It currently has a 1-year price target of $41.24. GGAL paid its most recent dividend on 1695340800, while the ex-dividend date for that was 1695340800. Beta for the stock currently stands at 2.17.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GGAL was up-trending over the past week, with a rise of 9.93%, but this was up by 28.56% over a month. Three-month performance surged to 72.56% while six-month performance rose 186.58%. The stock gained 229.49% in the past year, while it has gained 106.49% so far this year. A look at the trailing 12-month EPS for GGAL yields 6.19 with Next year EPS estimates of 5.56. For the next quarter, that number is 1.20. This implies an EPS growth rate of 190.50% for this year and 12.89% for next year.

Float and Shares Shorts:

At present, 119.35 million GGAL shares are outstanding with a float of 119.31 million shares on hand for trading. On 2024-04-15, short shares totaled 3.01 million, which was 258.99999 higher than short shares on 1710460800. In addition to Mr. Fabian Enrique Kon as the firm’s GM & CEO, Mr. Diego H. Rivas serves as its Chief Financial & Compliance Officer.

Institutional Ownership:

Through their ownership of 0.100039996 of GGAL’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GGAL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.