Large Inflow of Money Witnessed in Grupo Financiero Galicia S.A.

Grupo Financiero Galicia S.A. (NASDAQ:GGAL) dropped slightly amid mild profit booking and the last known price was $31.18 per share. The price decreased by -0.67 points or -2.1% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $1.58 million. The total upticks were valued at $3.04 million and the total downticks aggregated to $1.46 million, thereby putting the up/down ratio at 2.08,. The shares have seen a change in the share price of -0.03% on a weekly basis.In a big block trade which occurred today, the total uptick value was $1.59 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $1.59 million.


The stock has recorded a 20-day Moving Average of 7.42% and the 50-Day Moving Average is 8.7%. The company shares have rallied 62.75% in the past 52 Weeks. On June 20, 2016 The shares registered one year high of $32 and one year low was seen on August 24, 2015 at $15.3. The 50-day moving average is $28.66 and the 200 day moving average is recorded at $27.71. S&P 500 has rallied 1.93% during the last 52-weeks.

Grupo Financiero Galicia S.A. (NASDAQ:GGAL): The stock opened at $32.00 on Tuesday but the bulls could not build on the opening and the stock topped out at $32.05 for the day. The stock traded down to $31.02 during the day, due to lack of any buying support eventually closed down at $31.26 with a loss of -1.85% for the day. The stock had closed at $31.85 on the previous day. The total traded volume was 596,360 shares.

Institutional Investors own 15.21% of Grupo Financiero Galicia S.A. shares.

Grupo Financiero Galicia S.A. (Grupo Financiero Galicia) is a financial services holding company. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Companys largest subsidiary. Banco Galicia is a bank that provides, directly or through its subsidiaries, a range of financial products and services to large corporations, small and medium sized companies (SMEs), and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Company provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it provides insurance products in Argentina. It provides financial services through a distribution platform amongst private-sector financial institutions in Argentina.

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