Super Group Limited (NYSE:SGHC - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as $8.51 and last traded at $8.45, with a volume of 111277 shares trading hands. The stock had previously closed at $8.30.
Analyst Upgrades and Downgrades
Several analysts recently commented on SGHC shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $9.00 price objective on shares of Super Group in a report on Wednesday, January 22nd. Benchmark restated a "buy" rating and set a $10.00 price target on shares of Super Group in a research note on Monday, January 27th. Oppenheimer increased their price objective on shares of Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 29th. Finally, Canaccord Genuity Group raised shares of Super Group from a "hold" rating to a "buy" rating and raised their price objective for the stock from $5.00 to $10.00 in a report on Friday, January 24th.
Check Out Our Latest Report on Super Group
Super Group Price Performance
The company has a 50-day moving average of $6.94 and a two-hundred day moving average of $5.24. The company has a market capitalization of $4.18 billion, a PE ratio of 139.91 and a beta of 0.99.
Super Group Announces Dividend
The business also recently disclosed a -- dividend, which was paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd were given a dividend of $0.15 per share. The ex-dividend date was Monday, December 23rd. This represents a dividend yield of 5.7%. Super Group's payout ratio is currently 166.69%.
Hedge Funds Weigh In On Super Group
Large investors have recently added to or reduced their stakes in the company. Aquatic Capital Management LLC bought a new stake in shares of Super Group during the 4th quarter valued at $30,000. Walleye Capital LLC purchased a new position in shares of Super Group in the third quarter valued at about $54,000. Intech Investment Management LLC bought a new stake in Super Group during the 3rd quarter valued at approximately $66,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Super Group in the 4th quarter worth approximately $66,000. Finally, Xponance Inc. bought a new position in Super Group in the 4th quarter worth approximately $67,000. Hedge funds and other institutional investors own 5.09% of the company's stock.
Super Group Company Profile
(
Get Free Report)
Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.
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