3-Jan-2025
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Argentine banks climb, fintechs retreat in first week of 2025: financials wrap
Seeking Alpha News (Sat, 4-Jan 10:10 AM ET)
Bullish On GGAL? You Might Want To Consider This Credit Put Spread Expiring in 12 Days
Market Chameleon (Tue, 31-Dec 8:08 AM ET)
Grupo Financiero Galicia SA is a financial service holding company. It provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company's operating business segments are Banks, Ecosistema Naranja X, Insurance, Adjustments, and Other Businesses. It generates maximum revenue from Banks. Geographically its operate in Argentina, Uruguay, and the majority of its revenue comes from Argentina.
Grupo Financiero Galicia S.A. - American Depositary Shares Class B Shares Underlying trades on the NASDAQ stock market under the symbol GGAL.
As of January 3, 2025, GGAL stock price climbed to $70.12 with 1,107,170 million shares trading.
GGAL has a beta of 0.36, meaning it tends to be less sensitive to market movements. GGAL has a correlation of 0.01 to the broad based SPY ETF.
GGAL has a market cap of $8.35 billion. This is considered a Mid Cap stock.
Last quarter Grupo Financiero Galicia S.A. - American Depositary Shares Class B Shares Underlying reported $258 million in Revenue and $.85 earnings per share. This fell short of revenue expectation by $-65 million and missed earnings estimates by -$.02.
In the last 3 years, GGAL traded as high as $70.99 and as low as $5.75.
The top ETF exchange traded funds that GGAL belongs to (by Net Assets): ARGT, KOMP, XSOE, AADR, ONEQ.
GGAL has outperformed the market in the last year with a price return of +327.7% while the SPY ETF gained +27.8%. GGAL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +61.5% and +10.3%, respectively, while the SPY returned +4.6% and +0.1%, respectively.
GGAL support price is $66.08 and resistance is $71.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GGAL shares will trade within this expected range on the day.