Grupo Supervielle (NYSE:SUPV) Shares Gap Up – What’s Next?

Grupo Supervielle S.A. (NYSE:SUPV)’s share price gapped up prior to trading on Monday . The stock had previously closed at $13.09, but opened at $14.48. Grupo Supervielle shares last traded at $15.55, with a volume of 482,750 shares changing hands.

Analyst Upgrades and Downgrades

SUPV has been the subject of a number of research reports. StockNews.com upgraded Grupo Supervielle from a “sell” rating to a “hold” rating in a report on Sunday, April 6th. Morgan Stanley raised shares of Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 price target for the company in a research note on Monday, December 16th.

Grupo Supervielle Stock Performance

The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 21.07 and a beta of 1.80. The stock’s fifty day moving average is $13.55 and its two-hundred day moving average is $12.83.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new position in shares of Grupo Supervielle in the 4th quarter valued at approximately $63,000. GAMMA Investing LLC raised its position in Grupo Supervielle by 151.4% during 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 stake in Grupo Supervielle during the fourth quarter worth $151,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Grupo Supervielle in the 4th quarter valued at $235,000. Finally, XTX Topco Ltd bought a new position in shares of Grupo Supervielle in the 4th quarter valued at $258,000.

Grupo Supervielle Company Profile

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.