Shares of Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) traded down 2.9% during trading on Monday . The company traded as low as $13.69 and last traded at $13.77. 655,189 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 1,253,949 shares. The stock had previously closed at $14.18.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on SUPV. Morgan Stanley upgraded Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 target price for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. upgraded Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price objective for the company in a research report on Thursday, December 12th. Finally, StockNews.com cut Grupo Supervielle from a "hold" rating to a "sell" rating in a research note on Thursday, March 13th.
Read Our Latest Report on SUPV
Grupo Supervielle Trading Down 0.7 %
The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.19 billion, a P/E ratio of 18.76 and a beta of 2.02. The firm has a 50-day moving average of $15.15 and a two-hundred day moving average of $12.18.
Hedge Funds Weigh In On Grupo Supervielle
Hedge funds have recently made changes to their positions in the stock. SBI Securities Co. Ltd. acquired a new stake in Grupo Supervielle during the fourth quarter worth approximately $63,000. GAMMA Investing LLC lifted its holdings in shares of Grupo Supervielle by 151.4% in the fourth 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. Stratos Wealth Advisors LLC bought a new position in shares of Grupo Supervielle in the fourth quarter valued at approximately $151,000. Y Intercept Hong Kong Ltd bought a new stake in Grupo Supervielle during the fourth quarter worth $235,000. Finally, XTX Topco Ltd bought a new stake in Grupo Supervielle during the fourth quarter worth $258,000.
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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