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Is GRUPO FINANCIERO GALICIA-ADR (NASDAQ:GGAL) suited for growth investing?

By Mill Chart

Last update: Aug 14, 2024

In this article we will dive into GRUPO FINANCIERO GALICIA-ADR (NASDAQ:GGAL) as a possible candidate for growth investing. Investors should always do their own research, but we noticed GRUPO FINANCIERO GALICIA-ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.


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Why NASDAQ:GGAL may be interesting for canslim investors.

  • GRUPO FINANCIERO GALICIA-ADR has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 1.0K% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 490.0%, GRUPO FINANCIERO GALICIA-ADR exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • The EPS of GRUPO FINANCIERO GALICIA-ADR has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
  • With a favorable Return on Equity (ROE) of 17.85%, GRUPO FINANCIERO GALICIA-ADR demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • GRUPO FINANCIERO GALICIA-ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 97.11 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. GRUPO FINANCIERO GALICIA-ADR is well-positioned for potential price growth opportunities.
  • GRUPO FINANCIERO GALICIA-ADR exhibits a favorable Debt-to-Equity ratio at 0.48. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • GRUPO FINANCIERO GALICIA-ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 8.44%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Technical analysis of NASDAQ:GGAL

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Taking everything into account, GGAL scores 8 out of 10 in our technical rating. In the last year, GGAL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

  • The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
  • Looking at the yearly performance, GGAL did better than 97% of all other stocks. On top of that, GGAL also shows a nice and consistent pattern of rising prices.
  • GGAL is part of the Banks industry. There are 403 other stocks in this industry. GGAL outperforms 99% of them.
  • GGAL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GGAL is performing more or less in line with the market.
  • In the last month GGAL has a been trading in the 23.53 - 35.05 range, which is quite wide. It is currently trading near the high of this range.
  • Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

Our latest full technical report of GGAL contains the most current technical analsysis.

Fundamental Analysis Observations

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

GGAL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 403 industry peers in the Banks industry. Both the profitability and financial health of GGAL have multiple concerns. GGAL is valued quite expensive, but it does show an excellent growth.

For an up to date full fundamental analysis you can check the fundamental report of GGAL

More growth stocks can be found in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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GRUPO FINANCIERO GALICIA-ADR

NASDAQ:GGAL (9/10/2024, 8:00:00 PM)

After market: 41.55 0 (0%)

41.55

-0.74 (-1.75%)

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