Grupo Financiero Banorte (OTCMKTS:GBOOY) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOYGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $36.36 and traded as high as $37.91. Grupo Financiero Banorte shares last traded at $35.34, with a volume of 18,959 shares trading hands.

Grupo Financiero Banorte Stock Performance

The business has a 50-day moving average price of $36.38 and a two-hundred day moving average price of $35.68.

About Grupo Financiero Banorte

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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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