Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) shares were up 6.1% during mid-day trading on Monday . The stock traded as high as $13.98 and last traded at $14.10. Approximately 288,923 shares were traded during trading, a decline of 78% from the average daily volume of 1,285,276 shares. The stock had previously closed at $13.29.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on SUPV shares. JPMorgan Chase & Co. upgraded Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price target for the company in a research note on Thursday, December 12th. Morgan Stanley raised Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 price objective for the company in a report on Monday, December 16th.
Check Out Our Latest Research Report on Grupo Supervielle
Grupo Supervielle Price Performance
The business has a fifty day moving average of $15.82 and a 200 day moving average of $11.74. The firm has a market cap of $1.18 billion, a P/E ratio of 18.58 and a beta of 1.95. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.07.
Institutional Investors Weigh In On Grupo Supervielle
Hedge funds have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. bought a new position in shares of Grupo Supervielle in the fourth quarter valued at about $63,000. GAMMA Investing LLC raised its holdings in Grupo Supervielle by 151.4% in the 4th quarter. GAMMA Investing LLC now owns 7,221 shares of the company's stock valued at $109,000 after acquiring an additional 4,349 shares during the period. Stratos Wealth Advisors LLC bought a new position in Grupo Supervielle in the 4th quarter valued at about $151,000. Y Intercept Hong Kong Ltd acquired a new stake in Grupo Supervielle during the fourth quarter worth approximately $235,000. Finally, XTX Topco Ltd bought a new stake in shares of Grupo Supervielle during the fourth quarter worth approximately $258,000.
Grupo Supervielle Company Profile
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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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