Grupo Financiero Banorte (OTCMKTS:GBOOY) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOYGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $36.38 and traded as low as $34.12. Grupo Financiero Banorte shares last traded at $34.88, with a volume of 24,517 shares traded.

Grupo Financiero Banorte Trading Down 2.6 %

The company has a fifty day moving average of $36.37 and a 200-day moving average of $39.28.

Grupo Financiero Banorte Company Profile

(Get Free Report)

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.

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