Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) Shares Gap Up – What’s Next?

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $47.91, but opened at $49.50. Grupo Financiero Banorte SAB de CV shares last traded at $49.31, with a volume of 4,972 shares.

Grupo Financiero Banorte SAB de CV Trading Down 3.0%

The stock has a market capitalization of $27.57 billion, a P/E ratio of 9.37, a P/E/G ratio of 1.53 and a beta of 0.84. The firm’s 50 day simple moving average is $47.72 and its two-hundred day simple moving average is $46.53. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.54.

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) last issued its earnings results on Wednesday, November 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.18). Grupo Financiero Banorte SAB de CV had a return on equity of 22.33% and a net margin of 12.92%. As a group, analysts forecast that Grupo Financiero Banorte SAB de CV will post 4.84 earnings per share for the current fiscal year.

Grupo Financiero Banorte SAB de CV Company Profile

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.