Grupo Financiero Galicia Sets New 1-Year High at $14.90 (GGAL)
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) reached a new 52-week high during trading on Thursday , American Banking & Market News reports. The company traded as high as $14.90 and last traded at $14.68, with a volume of 674,474 shares. The stock had previously closed at $14.18.
A number of analysts have recently weighed in on GGAL shares. Analysts at Zacks downgraded shares of Grupo Financiero Galicia from an “outperform” rating to a “neutral” rating in a research note on Tuesday, May 20th. They now have a $14.90 price target on the stock. Separately, analysts at RBC Capital upgraded shares of Grupo Financiero Galicia to a “sector perform” rating in a research note on Thursday, May 1st.
The stock’s 50-day moving average is $13.19 and its 200-day moving average is $11.17. The company has a market cap of $1.922 billion and a price-to-earnings ratio of 6.20.
Grupo Financiero Galicia (NASDAQ:GGAL) last released its earnings data on Tuesday, May 20th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.21. On average, analysts predict that Grupo Financiero Galicia will post $2.15 earnings per share for the current fiscal year.
Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.
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