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Monday, October 17, 2011

Undervalued Stock Detected (NCM: GGAL)

Shares of GGAL fell by 4.26% or $-0.42/share to $9.43. Grupo Financiero Galicia S.A. is trading at a price to book ratio of 1.76. The PEG is 0.11 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.12. Thus, the company is not very expensive in terms of its sales. On average, 225873 shares of GGAL exchange hands on a given day and today's volume is recorded at 142612. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.

Grupo Financiero Galicia SA (Grupo Financiero Galicia) is an Argentina-based financial services holding company.