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Grupo Financiero Banorte (OTCMKTS:GBOOY) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Grupo Financiero Banorte logo with Finance background
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Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $35.65 and traded as high as $36.02. Grupo Financiero Banorte shares last traded at $35.74, with a volume of 39,754 shares changing hands.

Grupo Financiero Banorte Price Performance

The business has a 50-day moving average of $35.65 and a 200-day moving average of $35.46.

Grupo Financiero Banorte Company Profile

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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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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