Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $13.22, but opened at $13.88. Grupo Supervielle shares last traded at $15.32, with a volume of 2,065,687 shares changing hands.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the company. 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 report on Monday. JPMorgan Chase & Co. raised Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 target price for the company in a research report on Thursday.
Get Our Latest Stock Analysis on Grupo Supervielle
Grupo Supervielle Stock Up 16.5 %
The company's 50-day moving average is $9.95 and its 200-day moving average is $7.97. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 21.39 and a beta of 2.06.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Centiva Capital LP bought a new stake in shares of Grupo Supervielle in the 3rd quarter worth about $127,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Grupo Supervielle in the 3rd quarter worth about $145,000. Quantbot Technologies LP grew its holdings in shares of Grupo Supervielle by 212.9% in the 3rd 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 last quarter. Benjamin Edwards Inc. bought a new stake in shares of Grupo Supervielle in the 3rd quarter worth about $283,000. Finally, Precision Wealth Strategies LLC bought a new stake in shares of Grupo Supervielle in the 3rd quarter worth about $317,000.
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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