Grupo Financiero Banorte (OTCMKTS:GBOOY) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOYGet Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $36.09 and traded as high as $38.09. Grupo Financiero Banorte shares last traded at $37.14, with a volume of 57,191 shares traded.

Grupo Financiero Banorte Stock Performance

The stock’s 50 day simple moving average is $36.22 and its 200-day simple moving average is $35.60.

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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