BBVA Banco Frances SA (NYSE:BFR) shares traded down 2.6% during mid-day trading on Friday . The company traded as low as $20.17 and last traded at $20.21, with a volume of 63,795 shares. The stock had previously closed at $20.75.

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

The firm 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 cap of $3.62 billion and a PE ratio of 12.50.

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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