Grupo Supervielle S.A. ADR (NYSE: SUPV) stock jumped 4.59% on Friday to $2.05 against a previous-day closing price of $1.96. With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.47 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $2.0600 whereas the lowest price it dropped to was $1.9400. The 52-week range on SUPV shows that it touched its highest point at $3.57 and its lowest point at $1.54 during that stretch. It currently has a 1-year price target of $2.45. Beta for the stock currently stands at 1.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SUPV was up-trending over the past week, with a rise of 9.04%, but this was up by 1.99% over a month. Three-month performance dropped to -23.51% while six-month performance fell -8.89%. The stock gained 19.19% in the past year, while it has lost -5.09% so far this year. A look at the trailing 12-month EPS for SUPV yields 0.23 with Next year EPS estimates of 0.53.
Float and Shares Shorts:
On Oct 30, 2023, short shares totaled 1.06 million, which was 1.16% higher than short shares on Sep 28, 2023. In addition to Mr. Julio Patricio Supervielle as the firm’s Founder, Chairman of the Board & CEO, Mr. Atilio Maria Dell’Oro Maini serves as its Second Vice-Chairman of the Board & Secretary.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SUPV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With SUPV analysts setting a high price target of $3.00 and a low target of $1.90, the average target price over the next 12 months is $2.45. Based on these targets, SUPV could surge 46.34% to reach the target high and fall by -7.32% to reach the target low. Reaching the average price target will result in a growth of 19.51% from current levels.