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Grupo Financiero Banorte (OTCMKTS:GBOOY) Hits New 12-Month Low - Time to Sell?

Grupo Financiero Banorte logo with Finance background

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $30.00 and last traded at $35.54, with a volume of 59024 shares traded. The stock had previously closed at $34.40.

Grupo Financiero Banorte Trading Up 3.3 %

The business has a 50-day simple moving average of $35.65 and a 200-day simple moving average of $37.48.

Grupo Financiero Banorte Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be paid a $0.8627 dividend. The ex-dividend date is Monday, December 23rd.

About Grupo Financiero Banorte

(Get Free Report)

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.

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