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Key Stock Data
The current last sale of $11.48 is 61.46% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 11.52||$ 27.45|
|Low:||$ 11.40||$ 7.11|
Company Description (as filed with the SEC)
Activity indicators improved during 2017. Brazil's partial recovery contributed to reactivating the Argentine economy during the year. According to GDP data through the third quarter of 2017, investment was the main growth driver in 2017, including public investment in infrastructure and private investment in agribusiness and renewable energies fueled by regulatory changes. At the beginning of the year, a new minister of treasury was appointed, and he announced goals of lowering the fiscal deficit, increasing expenditure in infrastructure and reducing taxes. In this sense, the annual targets for the primary deficit were reviewed and redefined at 4.2%, 3.2% and 2.2% of GDP for 2017, 2018 and 2019, respectively. The observed preliminary deficit result for 2017 was 3.8% of GDP, exceeding the target set by the government. ... More ...