Grupo Financiero Galicia ADR (NASDAQ:GGAL) price on Friday, March 21, rose 3.90% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $58.56.
A look at the stock’s price movement, the close in the last trading session was $56.36, moving within a range at $55.635 and $58.6. The beta value (5-Year monthly) was 1.517 while the PE ratio in trailing twelve months stood at 6.45. Turning to its 52-week performance, $74.00 and $22.88 were the 52-week high and 52-week low respectively. Overall, GGAL moved -4.08% over the past month.
Grupo Financiero Galicia ADR’s market cap currently stands at around $7.76 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05. The company has a Forward Dividend ratio of 0.00, with its dividend yield at 0.00%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 7.69B, representing a 31.14% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GGAL is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend GGAL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GGAL’s current price about 2.61% and -5.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.25, while 7-day volatility ratio is 4.93% and 5.77% in the 30-day chart. Further, Grupo Financiero Galicia ADR (GGAL) has a beta value of 1.61, and an average true range (ATR) of 3.18. Analysts have given the company’s stock an average 52-week price target of $92, forecast between a low of $92 and high of $92. Looking at the price targets, the low is -57.1% off current price level while to achieve the yearly target high, price needs to move -57.1%. Nonetheless, investors will most likely welcome a -57.1% jump to $92 which is the analysts’ median price.
If we refocus on Grupo Financiero Galicia ADR (NASDAQ:GGAL), historical trading data shows that trading volumes averaged 1.03 over the past 10 days and 1.03 million over the past 3 months. The company’s latest data on shares outstanding shows there are 132.50 million shares.
The 0.08% of Grupo Financiero Galicia ADR’s shares are in the hands of company insiders while institutional holders own 26.62% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.84 million on 2025-02-28, giving us a short ratio of 2.7. The data shows that as of 2025-02-28 short interest in Grupo Financiero Galicia ADR (GGAL) stood at 291.0 of shares outstanding, with shares short falling to 3.68 million registered in 2025-01-31. Current price change has pushed the stock -6.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GGAL stock continues to rise going into the next quarter.
