Grupo Financiero Inbursa (OTCMKTS:GPFOF) Stock Price Up 5% – Still a Buy?

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOFGet Free Report)’s share price was up 5% during mid-day trading on Thursday . The company traded as high as C$2.62 and last traded at C$2.62. Approximately 600 shares changed hands during trading, a decline of 63% from the average daily volume of 1,636 shares. The stock had previously closed at C$2.50.

Grupo Financiero Inbursa Price Performance

The company’s 50 day simple moving average is C$2.42 and its 200 day simple moving average is C$2.53.

Grupo Financiero Inbursa Company Profile

(Get Free Report)

Grupo Financiero Inbursa, SAB. de C.V. (OTCMKTS: GPFOF) is a diversified Mexican financial holding company controlled by Grupo Carso and ultimately by entrepreneur Carlos Slim Helú. The firm provides a comprehensive suite of financial services to both retail and corporate clients through its banking, insurance, pensions, asset management and brokerage operations. Inbursa’s integrated platform allows clients to access credit, savings, investment and risk?protection products under one umbrella.

Within its banking arm, Inbursa offers personal and commercial loans, mortgage financing and deposit accounts, while its insurance division underwrites life, health and property?casualty policies.

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