Shares of Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $14.08, but opened at $13.73. Grupo Supervielle shares last traded at $13.65, with a volume of 109,808 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on SUPV shares. Morgan Stanley raised Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 price objective on the stock in a research note on Monday, December 16th. StockNews.com lowered shares of Grupo Supervielle from a "hold" rating to a "sell" rating in a report on Saturday. Finally, JPMorgan Chase & Co. upgraded Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 target price on the stock in a report on Thursday, December 12th.
Read Our Latest Stock Report on SUPV
Grupo Supervielle Stock Performance
The stock has a market cap of $1.17 billion, a P/E ratio of 18.35 and a beta of 2.02. The company's 50 day moving average price is $14.60 and its 200-day moving average price is $12.56. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86.
Institutional Trading of Grupo Supervielle
Institutional investors and hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. purchased a new position in Grupo Supervielle in the fourth quarter valued at about $63,000. GAMMA Investing LLC grew its position in shares of Grupo Supervielle by 151.4% during the 4th quarter. GAMMA Investing LLC now owns 7,221 shares of the company's stock valued at $109,000 after purchasing an additional 4,349 shares in the last quarter. Centiva Capital LP bought a new stake in Grupo Supervielle during the third quarter valued at $127,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Grupo Supervielle in the third quarter worth approximately $145,000. Finally, Stratos Wealth Advisors LLC bought a new position in shares of Grupo Supervielle in the 4th quarter worth $151,000.
Grupo Supervielle Company Profile
(
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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