Grupo Supervielle S.A. ADR (NYSE: SUPV): What Matters Now

Grupo Supervielle S.A. ADR (NYSE:SUPV) shares, rose in value, with the stock price down by -0.87% to the previous day’s close as strong demand from buyers drove the stock to $5.70.

Actively observing the price movement in the last trading, the stock closed the session at $5.75. The value of beta (5-year monthly) was 1.79 whereas the PE ratio was 10.74 over 12-month period. Referring to stock’s 52-week performance, its high was $6.21, and the low was $1.76. On the whole, SUPV has fluctuated by 35.07% over the past month.

As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.15, which is expected to increase to $0.11 for fiscal year $0.58 and then to about $0.87 by fiscal year 2025. Data indicates that the EPS growth is expected to be -70.40% in 2025, while the next year’s EPS growth is forecast to be 50.00%.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that SUPV’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of SUPV currently trading nearly 6.85% and 21.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.52, while the 7-day volatility ratio is showing 5.80% which for the 30-day chart, stands at 7.40%. Furthermore, Grupo Supervielle S.A. ADR (SUPV)’s beta value is 2.15, and its average true range (ATR) is 0.35.

A comparison of Grupo Supervielle S.A. ADR (SUPV) with its peers suggests the former has fared considerably weaker in the market. SUPV showed an intraday change of -0.87% in last session, and over the past year, it grew by 143.59%%.

Data on historical trading for Grupo Supervielle S.A. ADR (NYSE:SUPV) indicates that the trading volumes over the past 10 days have averaged 1.35 million and over the past 3 months, they’ve averaged 1.23 million. According to company’s latest data on outstanding shares, there are 79.00 million shares outstanding.

Grupo Supervielle S.A. ADR’s shares belong to company insiders and institutional investors own 8.69% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.52 million shares as on Mar 15, 2024, resulting in a short ratio of 0.37. According to the data, the short interest in Grupo Supervielle S.A. ADR (SUPV) stood at 0.57% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 0.44 million. The stock has risen by 40.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SUPV stock heading into the next quarter.

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