GGAL Sees 5% Stock Dip After Recent Financial Report Release

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Shares of Galicia Financial (GGAL, Financial) experienced notable volatility, plunging 5.00%. The stock’s price reached $41.59 per share with a trading volume of 657,161 shares and a turnover rate of 0.55%, showing an amplitude of 5.04%.

Recent financial data revealed that Galicia Financial reported revenue of $2.644 billion, net profit of $462 million, and earnings per share of $3.13. The price-to-earnings ratio stood at 4.59. Among analysts, 80% recommended a buy, while 20% suggested a sell, with no hold recommendations.

In the banking sector, the overall decline was 0.56%. Among related stocks, significant gainers included FanHua Financial, Greystone Housing Impact Investors LP Beneficial, and Finwise Bancorp. Active stocks in the sector were Grupo Supervielle S.A., Pineapple Financial Inc., and Rocket Companies, Inc., with turnover rates of 1.10%, 1.02%, and 0.98%, respectively. The stocks with the highest amplitude were FanHua Financial, Bogota Financial Corp., and Shf Holdings, Inc., with amplitudes of 20.59%, 11.03%, and 9.70%, respectively.

Galicia Financial, a financial services holding company, provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company operates in Argentina and Uruguay, with most of its revenue generated from Argentina.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.