BBVA Banco Frances SA (BFR) Sees Strong Trading Volume
BBVA Banco Frances SA (NYSE:BFR) shares saw unusually-high trading volume on Monday . Approximately 63,449 shares were traded during trading, a decline of 11% from the previous session’s volume of 70,940 shares.The stock last traded at $20.59 and had previously closed at $20.21.
Separately, Zacks Investment Research cut BBVA Banco Frances SA from a “hold” rating to a “sell” rating in a research report on Thursday, May 26th.
The stock has a market cap of $3.68 billion and a P/E ratio of 12.72. The stock has a 50 day moving average of $20.28 and a 200-day moving average of $20.48.
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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