Grupo Financiero Banorte (OTCMKTS:GBOOY) Hits New 12-Month Low – Should You Sell?

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOYGet Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as $32.10 and last traded at $32.41, with a volume of 104923 shares trading hands. The stock had previously closed at $34.12.

Grupo Financiero Banorte Stock Down 5.0 %

The business’s 50 day moving average price is $36.26 and its 200-day moving average price is $38.86.

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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