Grupo Financiero Banorte (OTCMKTS:GBOOY) Share Price Passes Below 50-Day Moving Average of $52.65

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOYGet Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $52.65 and traded as low as $52.17. Grupo Financiero Banorte shares last traded at $52.48, with a volume of 14,019 shares traded.

Grupo Financiero Banorte Stock Performance

The firm’s 50 day simple moving average is $52.65 and its 200-day simple moving average is $48.99.

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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