Grupo Supervielle SA -ADR (SUPV) Stock Price Down 2.8%
Grupo Supervielle SA -ADR (NASDAQ:SUPV) fell 2.8% on Wednesday . The stock traded as low as $14.91 and last traded at $14.97, with a volume of 252,004 shares traded. The stock had previously closed at $15.40.
Several research firms recently weighed in on SUPV. Zacks Investment Research lowered shares of Grupo Supervielle SA -ADR from a “hold” rating to a “sell” rating in a research note on Thursday, September 1st. Raymond James Financial Inc. began coverage on shares of Grupo Supervielle SA -ADR in a research note on Tuesday, July 19th. They set an “outperform” rating and a $17.00 price objective on the stock. Morgan Stanley reiterated an “overweight” rating and set a $16.00 price objective on shares of Grupo Supervielle SA -ADR in a research note on Monday, June 13th. Finally, Bank of America Corp. began coverage on shares of Grupo Supervielle SA -ADR in a research note on Monday, June 13th. They set a “buy” rating on the stock.
The stock has a market cap of $5.45 billion and a P/E ratio of 41.82. The company’s 50 day moving average is $13.83 and its 200 day moving average is $13.02.
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An institutional investor recently bought a new position in Grupo Supervielle SA -ADR stock. Nomura Holdings Inc. bought a new position in shares of Grupo Supervielle SA -ADR (NASDAQ:SUPV) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,100 shares of the company’s stock, valued at approximately $154,000.
Grupo Supervielle SA -ADR Company Profile
Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others.
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