Grupo Financiero Banorte (OTCMKTS:GBOOF) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.37 and traded as low as $6.54. Grupo Financiero Banorte shares last traded at $6.58, with a volume of 19,309 shares changing hands.

Grupo Financiero Banorte Stock Up 0.4 %

The company has a fifty day moving average of $6.93 and a two-hundred day moving average of $7.37.

Grupo Financiero Banorte Company Profile

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.