Grupo Supervielle (NYSE:SUPV) Hits New 1-Year High at $6.90

Grupo Supervielle S.A. (NYSE:SUPV)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $6.90 and last traded at $6.87, with a volume of 2137936 shares traded. The stock had previously closed at $6.51.

Grupo Supervielle Trading Up 5.5 %

The firm has a market cap of $627.51 million, a price-to-earnings ratio of 7.23 and a beta of 2.09. The stock has a fifty day moving average price of $5.46 and a 200 day moving average price of $4.10.

Grupo Supervielle (NYSE:SUPV) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $385.72 million during the quarter. Grupo Supervielle had a net margin of 3.94% and a return on equity of 14.44%. On average, sell-side analysts forecast that Grupo Supervielle S.A. will post 0.93 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SUPV. Quadrature Capital Ltd bought a new stake in shares of Grupo Supervielle during the third quarter worth approximately $35,000. SG Americas Securities LLC bought a new stake in Grupo Supervielle during the 4th quarter worth approximately $67,000. BNP Paribas Financial Markets lifted its position in Grupo Supervielle by 1,262.1% in the 1st quarter. BNP Paribas Financial Markets now owns 17,735 shares of the company’s stock valued at $101,000 after acquiring an additional 16,433 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Grupo Supervielle during the third quarter worth about $192,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in Grupo Supervielle by 44.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 310,085 shares of the company’s stock worth $1,259,000 after acquiring an additional 95,697 shares during the last quarter.

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.