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Is NASDAQ:GGAL suited for CANSLIM investing?

By Mill Chart

Last update: May 16, 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.

Some of the canslim metrics of NASDAQ:GGAL highlighted

  • The earnings per share (EPS) of GRUPO FINANCIERO GALICIA-ADR have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 553.0% increase. This reflects the company's ability to improve its profitability over time.
  • The quarter-to-quarter (Q2Q) revenue growth of 602.0% of GRUPO FINANCIERO GALICIA-ADR has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue 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.
  • The Return on Equity (ROE) of GRUPO FINANCIERO GALICIA-ADR stands at 17.78%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
  • GRUPO FINANCIERO GALICIA-ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 98.79 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 maintains a healthy Debt-to-Equity ratio of 0.61. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • GRUPO FINANCIERO GALICIA-ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 9.29%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Technical analysis of NASDAQ:GGAL

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Overall GGAL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGAL is showing a nice and steady performance.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • When comparing the yearly performance of all stocks, we notice that GGAL is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by GGAL over the past year are nicely spread over this period.
  • GGAL is part of the Banks industry. There are 411 other stocks in this industry. GGAL outperforms 99% of them.
  • GGAL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • In the last month GGAL has a been trading in the 27.45 - 37.75 range, which is quite wide. It is currently trading near the high of this range.

Check the latest full technical report of GGAL for a complete technical analysis.

A complete fundamental analysis of NASDAQ:GGAL

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

GGAL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 411 industry peers in the Banks industry. Both the profitability and financial health of GGAL have multiple concerns. GGAL is valued quite expensively, but it does show have an excellent growth rating.

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

Our CANSLIM screen will find you more ideas suited for growth investing.

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 (5/29/2024, 7:06:21 PM)

Premarket: 34.95 +0.78 (+2.28%)

34.17

+1.1 (+3.33%)

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