Grupo Financiero Banorte (OTCMKTS:GBOOY) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of 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 $36.61. Grupo Financiero Banorte shares last traded at $36.48, with a volume of 51,046 shares trading hands.

Grupo Financiero Banorte Trading Down 1.7 %

The stock’s fifty day moving average price is $36.24 and its 200-day moving average price is $41.38.

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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