BBVA Banco Frances SA (NYSE:BFR) shot up 3.1% during trading on Wednesday . The company traded as high as $20.90 and last traded at $20.80, with a volume of 55,562 shares traded. The stock had previously closed at $20.18.

Separately, Zacks Investment Research raised shares of BBVA Banco Frances SA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 26th.

The company has a 50 day moving average price of $20.28 and a 200-day moving average price of $20.46. The company has a market capitalization of $3.71 billion and a price-to-earnings ratio of 12.67.

BBVA Banco Frances SA (the Bank) is a provider of financial services to large corporations, small and medium-size companies (SMEs), as well as individual customers. The Bank is focused on the financial sector, through its activities related to banking/financial, pension fund manager and insurance. The Bank has all its operations, property and customers located in Argentina.

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