Grupo Financiero Galicia ADR (NASDAQ: GGAL) has experienced a rise in its stock price by 1.05 compared to its previous closing price of 28.03. However, the company has seen a fall of -4.34% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-15 that The stars are aligning for Argentine banks. Galicia stands out as a key beneficiary. The buyout of HSBC Argentina adds legs to Galicia’s post-election rally.
Is It Worth Investing in Grupo Financiero Galicia ADR (NASDAQ: GGAL) Right Now?
The price-to-earnings ratio for Grupo Financiero Galicia ADR (NASDAQ: GGAL) is above average at 4.58x, Company’s 36-month beta value is 2.06.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for GGAL is 119.31M, and currently, short sellers hold a 2.52% ratio of that floaft. The average trading volume of GGAL on April 19, 2024 was 1.06M shares.
GGAL’s Market Performance
GGAL’s stock has seen a -4.34% decrease for the week, with a 11.78% rise in the past month and a 64.78% gain in the past quarter. The volatility ratio for the week is 5.39%, and the volatility levels for the past 30 days are at 4.98% for Grupo Financiero Galicia ADR The simple moving average for the past 20 days is 4.70% for GGAL’s stock, with a 60.07% simple moving average for the past 200 days.
Analysts’ Opinion of GGAL
Many brokerage firms have already submitted their reports for GGAL stocks, with JP Morgan repeating the rating for GGAL by listing it as a “Underweight.” The predicted price for GGAL in the upcoming period, according to JP Morgan is $8 based on the research report published on January 31, 2022 of the previous year 2022.
GGAL Trading at 18.63% from the 50-Day Moving Average
After a stumble in the market that brought GGAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.46% of loss for the given period.
Volatility was left at 4.98%, however, over the last 30 days, the volatility rate increased by 5.39%, as shares surge +8.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.43% upper at present.
During the last 5 trading sessions, GGAL fell by -4.46%, which changed the moving average for the period of 200-days by +62.21% in comparison to the 20-day moving average, which settled at $27.17. In addition, Grupo Financiero Galicia ADR saw 64.06% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GGAL
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 1.0 for the gross margin
The net margin for Grupo Financiero Galicia ADR stands at 0.06. The total capital return value is set at 0.02. Equity return is now at value 30.73, with 5.73 for asset returns.
Based on Grupo Financiero Galicia ADR (GGAL), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 2.26. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 0.67.
Currently, EBITDA for the company is 238.08 billion with net debt to EBITDA at 7.91. When we switch over and look at the enterprise to sales, we see a ratio of 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.68.
Conclusion
In a nutshell, Grupo Financiero Galicia ADR (GGAL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
