Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.10 and traded as low as $10.91. Grupo Financiero Banorte shares last traded at $10.91, with a volume of 5,472 shares traded.
Grupo Financiero Banorte Trading Down 7.7%
The firm’s 50 day simple moving average is $11.17 and its 200-day simple moving average is $11.10.
Grupo Financiero Banorte Company Profile
Grupo Financiero Banorte, also known as GFNorte, is a Mexican financial services holding company headquartered in Mexico. Through its subsidiaries, the group provides banking, insurance, retirement, brokerage, leasing, factoring and other financial services to individuals, businesses, institutions and government entities.
Its principal operating company is Banco Mercantil del Norte, commonly known as Banorte, which offers deposits, consumer and commercial lending, mortgages, credit cards, payments, treasury services and digital banking.
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