Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $53.87, but opened at $60.90. Grupo Financiero Galicia shares last traded at $61.95, with a volume of 1,108,460 shares trading hands.
Grupo Financiero Galicia Stock Performance
The stock has a market capitalization of $9.14 billion, a P/E ratio of 9.12 and a beta of 1.60. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average of $56.27 and a 200 day moving average of $58.15.
Institutional Trading of Grupo Financiero Galicia
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp raised its holdings in shares of Grupo Financiero Galicia by 1.5% in the 3rd quarter. State Street Corp now owns 84,378 shares of the bank's stock worth $3,551,000 after buying an additional 1,260 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Grupo Financiero Galicia during the third quarter valued at $266,000. JPMorgan Chase & Co. boosted its stake in shares of Grupo Financiero Galicia by 267.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 92,505 shares of the bank's stock valued at $3,894,000 after purchasing an additional 67,312 shares in the last quarter. Bank of New Hampshire grew its holdings in shares of Grupo Financiero Galicia by 43.6% in the 4th quarter. Bank of New Hampshire now owns 21,514 shares of the bank's stock worth $1,341,000 after purchasing an additional 6,527 shares during the last quarter. Finally, Harbour Capital Advisors LLC acquired a new stake in shares of Grupo Financiero Galicia during the 4th quarter worth about $386,000.
Grupo Financiero Galicia Company Profile
(
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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. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.
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