Grupo Supervielle (NYSE:SUPV) Reaches New 1-Year Low – Should You Sell?

Grupo Supervielle S.A. (NYSE:SUPV) shares hit a new 52-week low on Tuesday. The stock traded as low as $5.91 and last traded at $5.95, with a volume of 96,575 shares traded. The stock had previously closed at $6.08.

Wall Street Analyst Weigh In

SUPV has been the topic of several research reports. UBS Group cut their price objective on shares of Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating on the stock in a report on Friday, July 10th. Zacks Research upgraded Grupo Supervielle from a “hold” rating to a “strong-buy” rating in a report on Friday, October 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grupo Supervielle in a research report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $13.17.

Grupo Supervielle Trading Down 3.9%

The stock has a market cap of $495.51 million, a price-to-earnings ratio of -9.00 and a beta of 1.64. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. The company’s fifty day moving average price is $7.59 and its 200-day moving average price is $9.02.

Grupo Supervielle (NYSE:SUPV) last released its earnings results on Tuesday, June 30th. The company reported $0.10 EPS for the quarter. The company had revenue of $233.55 million during the quarter. Grupo Supervielle had a negative net margin of 3.60% and a negative return on equity of 2.67%. On average, research analysts expect that Grupo Supervielle S.A. will post 0.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Grupo Supervielle

A number of large investors have recently bought and sold shares of the company. Engineers Gate Manager LP increased its stake in shares of Grupo Supervielle by 96.4% in the second quarter. Engineers Gate Manager LP now owns 92,343 shares of the company’s stock worth $892,000 after acquiring an additional 45,325 shares during the period. Bank of America Corp DE lifted its position in Grupo Supervielle by 285.5% during the first quarter. Bank of America Corp DE now owns 19,397 shares of the company’s stock valued at $183,000 after purchasing an additional 14,365 shares during the period. Finally, Titan Global Capital Management USA LLC lifted its position in Grupo Supervielle by 5.7% during the first quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company’s stock valued at $912,000 after purchasing an additional 5,245 shares during the period.

Grupo Supervielle Company Profile

Grupo Supervielle SA is an Argentine financial services holding company whose principal subsidiary is Banco Supervielle SA The group provides banking and related financial products to individuals, small and medium-sized businesses, corporations, and other institutional customers, primarily in Argentina.

Through its businesses, Grupo Supervielle offers savings and checking accounts, deposits, consumer and commercial lending, mortgages, credit and debit cards, electronic banking, payment services, and treasury products.