StockNews.com upgraded shares of Grupo Financiero Galicia (NASDAQ:GGAL – Free Report) from a hold rating to a buy rating in a research note published on Friday morning.
Grupo Financiero Galicia Price Performance
Grupo Financiero Galicia stock opened at $27.67 on Friday. The company has a fifty day simple moving average of $33.46 and a 200-day simple moving average of $25.75. Grupo Financiero Galicia has a 12-month low of $10.57 and a 12-month high of $37.83. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.04.
Grupo Financiero Galicia Increases Dividend
The business also recently disclosed a Variable dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 21st were paid a $0.70 dividend. The ex-dividend date of this dividend was Friday, June 21st. This is an increase from Grupo Financiero Galicia’s previous Variable dividend of $0.12.
Hedge Funds Weigh In On Grupo Financiero Galicia
Grupo Financiero Galicia Company Profile
Grupo Financiero Galicia SA, a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.
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