Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $16.50 and last traded at $16.45, with a volume of 756438 shares. The stock had previously closed at $15.11.
Analyst Ratings Changes
A number of analysts have recently issued reports on SUPV shares. JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price objective on the stock in a report on Thursday, December 12th. Morgan Stanley upgraded shares of Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 price objective for the company in a research report on Monday, December 16th.
View Our Latest Stock Report on Grupo Supervielle
Grupo Supervielle Stock Performance
The stock's fifty day simple moving average is $12.08 and its two-hundred day simple moving average is $8.79. The stock has a market capitalization of $1.52 billion, a P/E ratio of 23.15 and a beta of 2.06.
Institutional Investors Weigh In On Grupo Supervielle
Several institutional investors and hedge funds have recently made changes to their positions in SUPV. Centiva Capital LP acquired a new position in Grupo Supervielle in the third quarter valued at $127,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Grupo Supervielle in the 3rd quarter valued at $145,000. Quantbot Technologies LP grew its holdings in Grupo Supervielle by 212.9% in the third quarter. Quantbot Technologies LP now owns 28,807 shares of the company's stock worth $205,000 after purchasing an additional 19,602 shares during the period. Benjamin Edwards Inc. bought a new stake in Grupo Supervielle in the third quarter valued at $283,000. Finally, Precision Wealth Strategies LLC acquired a new position in shares of Grupo Supervielle during the third quarter valued at about $317,000.
About Grupo Supervielle
(
Get Free Report)
Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.
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