Fill Your Wallet with StoneCo Ltd. (STNE) and Grupo Financiero Galicia S.A. (GGAL)

The recent price movement of STNE means that it is now down by -29.29% from its 52-week high and 99.88% up against its 52-week low prices. Over the past one week, the price volatility of STNE stands at 4.68% while the volatility over the past one month is 4.99%.

The company on 08/14/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.1 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.09 by 0.01. The revenue by the firm was 162.46M for the quarter.

The shares of StoneCo Ltd. (STNE) dropped by -4.81%, leading to a loss of -$1.63 per share, and saw STNE end the trading session at $32.26 on Tuesday 10/08/19. STNE started the trading session at $33.60, before reaching a daily high of $33.79. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $32.14.

The trading volume on Tuesday stood at 1805709, which was below the stock’s 3-month average volume of 2.29 million shares, out of a total 115.80M shares. As the price of the stock dipped, the market valuation of the company dropped to 8.83 billion.

The shares of Grupo Financiero Galicia S.A. (NASDAQ: GGAL) went down by -4.87% by the end of the recent trading session. This movement saw its price plunge to close at $12.71, which was lower than the previous closing price of $13.36. Over the past one week, the price of GGAL has slipped by -0.39%, while it has recorded a gain of 7.71% over the past one month. Its three-month performance saw GGAL lose -66.55% while its six-month performance saw it drop by -47.76%. The situation is different though over the past one year, as the stock price went down by -47.44%, while its year-to-date (YTD) price performance slipped by -53.90%. The stock price has gone up by +33.37% compared to its 90-day low, while it is down -67.59% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 1,481,750 shares, with the short-term indicators averagely rating the stock as a 50% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,884,000 shares and the indicators have an average rating of 100% Sell. The last indicators, the long-term see GGAL stock with a 100-Day average volume of 2,204,396 shares, giving it an average rating of 100% Sell. A look at the general picture of all short, medium and long-term indicators leaves GGAL with an average rating of 88% Sell.

Several brokerage firms sent out their reports GGAL stock not long ago. In its report sent out on August 14, 2019, JP Morgan lowered its ratings on GGAL from a Underweight to a Neutral. In an earlier report on August 12, 2019, Morgan Stanley Downgrade the stock from a Overweight to a Underweight. Credit Suisse meanwhile in its report on July 02, 2019 Upgrade its rating of the stock from a “Outperform” to “Outperform”.

In related news to the company’s stock, around 40.10% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 184 institutions currently hold the GGAL stock. In the last quarter, a 42,826,589 GGAL shares were in the possession of institutions. On the other hand, the company recorded 63 new institutions who bought it their stock, while 34 institutions sold their entire GGAL reserve. Of the current institutions investing in the stock, 100 increased their investment while 69 decreased their investment in the stock.