Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF – Get Free Report) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.10 and traded as low as $10.91. Grupo Financiero Banorte shares last traded at $10.91, with a volume of 5,472 shares trading hands.
Grupo Financiero Banorte Stock Down 4.8%
The business has a fifty day simple moving average of $11.18 and a two-hundred day simple moving average of $11.11.
About Grupo Financiero Banorte
Grupo Financiero Banorte, also known as GFNorte, is a Mexico-based financial services group that provides banking, lending, investment, insurance, retirement, and other financial products. Its principal banking subsidiary, Banco Mercantil del Norte, operates under the Banorte name and serves individuals, businesses, government entities, and institutional clients.
The group offers checking and savings accounts, credit and debit cards, consumer and mortgage loans, commercial and corporate financing, investment products, foreign-exchange services, and electronic banking.
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