Grupo Supervielle (NYSE:SUPV) Stock Price Passes Below Fifty Day Moving Average of $2.42

$2.39. The stock of Grupo Supervielle S.A. falls below its fifty day moving average of $2.42.

() fell below its fifty-day moving average on Wednesday during trading. The stock's fifty-day moving average is $2.42, and it traded as low at $2.08. Shares of Grupo Supervielle were last traded at $2.08 with a volume 198,310.

Analysts set new price targets

In a report published on Thursday 16th March, a new coverage was begun on the shares of GrupoSupervielle. The company's quick ratio is 0.52; its current ratio is 0.52; and it has a debt to equity ratio of 0.01. The market cap of the stock is $194.55m, with a P/E of -6.45. It has a beta value of 1.27. The company's simple moving-average is $2.39, and its 200 day moving-average is $2.26.

Groupo Supervielle: Institutional investors weigh in

SUPV shares have been bought and sold by several hedge funds, as well as other institutional investors. Envestnet Asset Management Inc. grew its stake in Grupo Supervielle in the first quarter by 21,5%. Envestnet Asset Management Inc. owns 32474 shares valued at $66,000, after buying an additional 5,749 in the last quarter. Verition Fund Management LLC purchased a stake in Grupo Supervielle shares during the first quarter valued at about $404,000. Renaissance Technologies LLC purchased a new share of Grupo supervielle in the first quarter for approximately $338,000. Virtu Financial LLC purchased a new position in Grupo Supervielle shares during the third-quarter worth approximately $37,000. Marshall Wace LLP also bought a new stake in Grupo Supervielle, worth approximately $58,000. Institutional investors own 2.69%.

What is Grupo Supervielle?

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Grupo Supervielle SA is a holding firm. The company provides banking services. The firm operates in the following segments: Retail Banking, Corporate Banking, Treasury, Consumer, Insurance and Asset Management, and Other Services. Retail Banking involves the granting of credit and other products, such as deposits by physical persons.

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