Grupo Financiero is trading at 32.32 as of the 29th of November 2024; that is 0.28% down since the beginning of the trading day. The stock's open price was 32.41. Grupo Financiero has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Grupo Financiero Banorte's common stock.
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Mexico City, Mexico. Grupo Financiero operates under BanksRegional classification in the United States and is traded on OTC Exchange. The company has 576.69 M outstanding shares. More on Grupo Financiero Banorte
Grupo Financiero Banorte [GBOOY] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Large-Cap' category with a current market capitalization of 24.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grupo Financiero's market, we take the total number of its shares issued and multiply it by Grupo Financiero's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Grupo Financiero Banorte classifies itself under Financial Services sector and is part of Banks—Regional industry. The entity has 576.69 M outstanding shares.
Grupo Financiero Banorte has accumulated about 187.25 B in cash with 33.82 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 324.4, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Picking the right benchmark for Grupo Financiero otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Grupo Financiero otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Grupo Financiero is critical whether you are bullish or bearish towards Grupo Financiero Banorte at a given time. Please also check how Grupo Financiero's historical prices are related to one of the top price index indicators.
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Grupo Financiero corporate directors refer to members of a Grupo Financiero board of directors. The board of directors generally takes responsibility for the Grupo Financiero's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Grupo Financiero's board members must vote for the resolution. The Grupo Financiero board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
When running Grupo Financiero's price analysis, check to measure Grupo Financiero's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grupo Financiero is operating at the current time. Most of Grupo Financiero's value examination focuses on studying past and present price action to predict the probability of Grupo Financiero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Financiero's price. Additionally, you may evaluate how the addition of Grupo Financiero to your portfolios can decrease your overall portfolio volatility.