Grupo Financiero Galicia ADR (GGAL) Shares Rise Despite Market Challenges

Grupo Financiero Galicia ADR (NASDAQ: GGAL)’s stock price has soared by 8.13 in relation to previous closing price of 62.31. Nevertheless, the company has seen a gain of 15.61% in its stock price over the last five trading days. zacks.com reported 2024-12-16 that ZIM, MAX, DXPE, GGAL and APH have been added to the Zacks Rank #1 (Strong Buy) List on December 16, 2024.

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 7.40x. The 36-month beta value for GGAL is also noteworthy at 1.87. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 1 rating it as “sell.”

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The public float for GGAL is 119.25M, and at present, short sellers hold a 2.98% of that float. The average trading volume of GGAL on December 16, 2024 was 993.82K shares.

GGAL’s Market Performance

GGAL’s stock has seen a 15.61% increase for the week, with a 23.16% rise in the past month and a 49.27% gain in the past quarter. The volatility ratio for the week is 5.23%, and the volatility levels for the past 30 days are at 4.80% for Grupo Financiero Galicia ADR The simple moving average for the last 20 days is 15.19% for GGAL’s stock, with a simple moving average of 82.40% for the last 200 days.

Analysts’ Opinion of GGAL

JP Morgan, on the other hand, stated in their research note that they expect to see GGAL reach a price target of $54. The rating they have provided for GGAL stocks is “Overweight” according to the report published on August 30th, 2024.

BofA Securities gave a rating of “Buy” to GGAL, setting the target price at $36 in the report published on August 08th of the current year.

GGAL Trading at 24.21% 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 able to rebound, for now settling with 6.70% of gains for the given period.

Volatility was left at 4.80%, however, over the last 30 days, the volatility rate increased by 5.23%, as shares surge +18.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +53.78% upper at present.

During the last 5 trading sessions, GGAL rose by +14.76%, which changed the moving average for the period of 200-days by +200.04% in comparison to the 20-day moving average, which settled at $58.47. In addition, Grupo Financiero Galicia ADR saw 320.63% 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:

  • 0.19 for the present operating margin
  • 1.0 for the gross margin

The net margin for Grupo Financiero Galicia ADR stands at 0.14. The total capital return value is set at 0.06. Equity return is now at value 32.82, with 6.44 for asset returns.

Based on Grupo Financiero Galicia ADR (GGAL), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at -1.67.

When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.07.

Conclusion

In summary, Grupo Financiero Galicia ADR (GGAL) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.

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