Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $11.09 and traded as low as $10.5150. Grupo Financiero Banorte shares last traded at $11.4250, with a volume of 8,576 shares traded.
Grupo Financiero Banorte Stock Down 1.8%
The firm has a 50 day moving average price of $11.19 and a two-hundred day moving average price of $11.08.
About Grupo Financiero Banorte
Grupo Financiero Banorte, also known as GFNorte, is a Mexican financial services holding company headquartered in Mexico. Through its subsidiaries, the group provides banking, insurance, retirement, brokerage, leasing, factoring and other financial services to individuals, businesses, institutions and government entities.
Its principal operating company is Banco Mercantil del Norte, commonly known as Banorte, which offers deposits, consumer and commercial lending, mortgages, credit cards, payments, treasury services and digital banking.
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