Grupo Financiero Banorte (OTCMKTS:GBOOY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOYGet Free Report) shares 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.

Grupo Financiero Banorte Stock Down 1.2 %

The business has a fifty day moving average price of $36.38 and a 200-day moving average price of $39.31.

Grupo Financiero Banorte Company Profile

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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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