Grupo Supervielle (NYSE:SUPV) Downgraded by StockNews.com to "Sell"
Grupo Supervielle (NYSE:SUPV - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Monday.
NYSE:SUPV traded up $0.85 during trading hours on Monday, reaching $15.91. The stock had a trading volume of 1,356,560 shares, compared to its average volume of 1,179,209. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a 50 day simple moving average of $13.89 and a 200 day simple moving average of $13.88. Grupo Supervielle has a 12-month low of $5.00 and a 12-month high of $19.75. The stock has a market cap of $1.41 billion, a P/E ratio of 22.09 and a beta of 1.93.
A number of large investors have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in shares of Grupo Supervielle by 10.2% in the first quarter. GAMMA Investing LLC now owns 7,958 shares of the company's stock worth $104,000 after acquiring an additional 737 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Grupo Supervielle by 4.9% in the fourth quarter. NewEdge Advisors LLC now owns 18,619 shares of the company's stock worth $281,000 after acquiring an additional 867 shares during the period. Insigneo Advisory Services LLC boosted its holdings in shares of Grupo Supervielle by 11.1% in the first quarter. Insigneo Advisory Services LLC now owns 36,209 shares of the company's stock worth $473,000 after acquiring an additional 3,604 shares during the period. SBI Securities Co. Ltd. bought a new stake in Grupo Supervielle during the fourth quarter valued at $63,000. Finally, TT International Asset Management LTD boosted its stake in Grupo Supervielle by 5.1% during the first quarter. TT International Asset Management LTD now owns 122,035 shares of the company's stock valued at $1,594,000 after buying an additional 5,949 shares during the period.
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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