Grupo Supervielle (NYSE:SUPV) Trading Down 5.8%

Grupo Supervielle S.A. (NYSE:SUPV)’s stock price fell 5.8% on Wednesday . The stock traded as low as $5.70 and last traded at $5.73. 1,143,954 shares were traded during mid-day trading, a decline of 12% from the average session volume of 1,297,234 shares. The stock had previously closed at $6.08.

Grupo Supervielle Price Performance

The firm has a 50 day moving average of $5.21 and a two-hundred day moving average of $3.92.

Grupo Supervielle (NYSE:SUPV) last released its quarterly earnings data on Wednesday, March 6th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. The business had revenue of $385.72 million for the quarter. Grupo Supervielle had a return on equity of 18.26% and a net margin of 3.94%. Equities analysts predict that Grupo Supervielle S.A. will post 0.93 EPS for the current fiscal year.

Institutional Trading of Grupo Supervielle

Several large investors have recently bought and sold shares of SUPV. Jump Financial LLC acquired a new stake in Grupo Supervielle in the third quarter valued at about $192,000. Quadrature Capital Ltd bought a new position in Grupo Supervielle in the third quarter valued at about $35,000. SG Americas Securities LLC bought a new position in Grupo Supervielle in the fourth quarter valued at about $67,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in Grupo Supervielle by 44.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 310,085 shares of the company’s stock valued at $1,259,000 after purchasing 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.