Grupo Financiero Banorte (OTCMKTS:GBOOY) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOYGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $34.45 and traded as low as $34.40. Grupo Financiero Banorte shares last traded at $36.02, with a volume of 46,171 shares.

Grupo Financiero Banorte Stock Up 2.5 %

The stock’s fifty day moving average is $34.45 and its two-hundred day moving average is $35.60.

Grupo Financiero Banorte Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8627 dividend. The ex-dividend date was Monday, December 23rd.

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.

Read More

Receive News & Ratings for Grupo Financiero Banorte Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Financiero Banorte and related companies with MarketBeat.com's FREE daily email newsletter.