Grupo Financiero Banorte (OTCMKTS:GBOOF) Shares Cross Below 200-Day Moving Average – What’s Next?

by · The Markets Daily

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF – Get Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.97 and traded as low as $7.25. Grupo Financiero Banorte shares last traded at $7.25, with a volume of 214 shares changing hands.

Grupo Financiero Banorte Stock Performance

The stock’s 50 day moving average is $7.27 and its two-hundred day moving average is $7.97.

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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