Weak Fundamental Momentum Sinks Grupo Supervielle S.A. ADR

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Grupo Supervielle S.A. ADR (NYSE:SUPV) has a beta value of 1.95 and has seen 2.48 million shares traded in the last trading session. The company, currently valued at $1.45B, closed the last trade at $18.32 per share which meant it gained $0.68 on the day or 3.85% during that session. The SUPV stock price is 0.11% off its 52-week high price of $18.30 and 82.26% above the 52-week low of $3.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.17 million shares traded. The 3-month trading volume is 1.27 million shares.

Grupo Supervielle S.A. ADR (NYSE:SUPV) trade information

Sporting 3.85% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SUPV stock price touched $18.32 or saw a rise of 4.58%. Year-to-date, Grupo Supervielle S.A. ADR shares have moved 21.24%, while the 5-day performance has seen it change 21.08%. Over the past 30 days, the shares of Grupo Supervielle S.A. ADR (NYSE:SUPV) have changed 47.86%. Short interest in the company has seen 1.32 million shares shorted with days to cover at 1.23.

Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could drop -161.71% from current levels. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the current price level is 61.79% off the targeted high while a plunge would see the stock lose 61.79% from current levels.

Grupo Supervielle S.A. ADR (SUPV) estimates and forecasts

Figures show that Grupo Supervielle S.A. ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 186.70% over the past 6 months, with this year growth rate of 85.19%, compared to 6.30% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.67% over the past 5 years.

SUPV Dividends

Grupo Supervielle S.A. ADR is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Grupo Supervielle S.A. ADR (NYSE:SUPV)’s Major holders

The top two institutional holders are MAK CAPITAL ONE LLC with over 2.05 million shares worth more than $13.93 million. As of 2024-06-30, MAK CAPITAL ONE LLC held 2.3207% of shares outstanding.

The other major institutional holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, with the holding of over 1.39 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.45 million and represent 1.5741% of shares outstanding.