While Grupo Financiero Galicia ADR has underperformed by -2.78%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GGAL rose by 226.58%, with highs and lows ranging from $47.70 to $9.81, whereas the simple moving average jumped by 66.97% in the last 200 days.
On August 30, 2024, JP Morgan Upgraded Grupo Financiero Galicia ADR (NASDAQ: GGAL) to Overweight. A report published by BofA Securities on August 08, 2024, Upgraded its rating to ‘Buy’ for GGAL. JP Morgan also Downgraded GGAL shares as ‘Underweight’, setting a target price of $8 on the company’s shares in a report dated January 31, 2022. Citigroup May 28, 2020d its ‘Neutral’ rating to ‘Sell’ for GGAL, as published in its report on May 28, 2020. Credit Suisse also rated the stock as ‘Underperform’.
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Analysis of Grupo Financiero Galicia ADR (GGAL)
The current dividend for GGAL investors is set at $0.00 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -8.96%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Grupo Financiero Galicia ADR’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 34.95% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and GGAL is recording an average volume of 1.07M. On a monthly basis, the volatility of the stock is set at 5.03%, whereas on a weekly basis, it is put at 3.75%, with a loss of -1.73% over the past seven days. Furthermore, long-term investors anticipate a median target price of $73.77, showing growth from the present price of $44.36, which can serve as yet another indication of whether GGAL is worth investing in or should be passed over.
How Do You Analyze Grupo Financiero Galicia ADR Shares?
Grupo Financiero Galicia ADR (GGAL) is based in the Argentina and is one of the most prominent companies operating in the Banks – Regional market. When comparing Grupo Financiero Galicia ADR shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 4.89, there is a growth in quarterly earnings of 85.49%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.09%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 12.21% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GGAL shares are owned by institutional investors to the tune of 12.21% at present.
