The stock price of Grupo Financiero Galicia ADR (NASDAQ: GGAL) has surged by 1.12 when compared to previous closing price of 35.65, but the company has seen a 11.37% gain in its stock price over the last five trading sessions. 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?
Grupo Financiero Galicia ADR (NASDAQ: GGAL) has a price-to-earnings ratio that is above its average at 5.83x. The stock has a 36-month beta value of 2.16. Opinions on the stock are mixed, 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 at present, short sellers hold a 3.20% of that float. On May 09, 2024, the average trading volume of GGAL was 1.00M shares.
GGAL’s Market Performance
GGAL stock saw an increase of 11.37% in the past week, with a monthly gain of 25.79% and a quarterly increase of 86.59%. The volatility ratio for the week is 6.00%, and the volatility levels for the last 30 days are 5.68% for Grupo Financiero Galicia ADR (GGAL). The simple moving average for the last 20 days is 17.56% for GGAL stock, with a simple moving average of 92.82% for the last 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 34.06% 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 -4.50% of loss for the given period.
Volatility was left at 5.68%, however, over the last 30 days, the volatility rate increased by 6.00%, as shares surge +24.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +66.82% upper at present.
During the last 5 trading sessions, GGAL rose by +11.37%, which changed the moving average for the period of 200-days by +107.42% in comparison to the 20-day moving average, which settled at $31.02. In addition, Grupo Financiero Galicia ADR saw 108.80% 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:
- 0.06 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 0.05. 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 1.64.
Currently, EBITDA for the company is 44.93 billion with net debt to EBITDA at -6.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.54. The receivables turnover for the company is 7.45for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.68.
Conclusion
To sum up, Grupo Financiero Galicia ADR (GGAL) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
