Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) Sets New 1-Year High – Here’s What Happened

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $56.0599 and last traded at $48.63, with a volume of 3803 shares traded. The stock had previously closed at $50.50.

Grupo Financiero Banorte SAB de CV Stock Performance

The firm has a market capitalization of $28.13 billion, a PE ratio of 9.56, a price-to-earnings-growth ratio of 1.45 and a beta of 0.84. The firm’s 50 day moving average price is $47.72 and its 200-day moving average price is $46.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 0.82.

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.24 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.18). Grupo Financiero Banorte SAB de CV had a net margin of 12.92% and a return on equity of 22.33%. On average, research analysts expect that Grupo Financiero Banorte SAB de CV will post 4.84 EPS for the current year.

About Grupo Financiero Banorte SAB de CV

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.