Do Investors Have Much Faith In Grupo Supervielle S.A. ADR (NYSE: SUPV)

Grupo Supervielle S.A. ADR (NYSE:SUPV) does about 1.23M shares in volume on a normal day but saw 663112 shares change hands in the recent trading day. The company now has a market cap of 942.47M USD. Its current market price is $11.93, marking an increase of 4.74% compared to the previous close of $11.39. The 52 week high reached by this stock is $11.87 whilst the lowest price level in 52 weeks is $2.96. The script in recent trading has seen the stock touch a high of $7 and a low of $7.

Grupo Supervielle S.A. ADR (SUPV) has a 20-day trading average at $10.36 and the current price is 0.51% off the 52-week high compared with 303.51% distance from its 52-week low. The 50-day simple moving average of the closing price is $8.88 and its 200-day simple moving average is $6.94. If we look at the stock’s price movements over the week, volatility stands at 7.66%, which decreases to 6.08% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.01 to suggest the stock is overbought.

The consensus objective for the share price is $13.36, suggesting that the stock has a potential upside of 10.7% over the period. The median price target is -70.43% away from the current levels at $7.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 08, 2024 when BofA Securities upgraded the stock to “Neutral” and issued a price target of $7.

The current price level is 15.15%, 34.38%, and 73.01% away from its SMA20, SMA50, and SMA200 respectively, with the SUPV price moving below the 50-day SMA on current market day. Grupo Supervielle S.A. ADR (SUPV) stock is up 11.50% over the week and 33.89% over the past month. Its price is 201.14% year-to-date and 245.38% over the past year.

Its 12-month price target is $7. To reach the target analysts have set, the stock logically needs to grow 10.7 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $7, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $7.

The company has a return on investment of 19.50% and return on equity of 23.58%. The price to earnings ratio (P/E ratio) amounts to 6.63 while the forward price to earnings ratio is 9.18. The beta has a value of 2.04. Price to book ratio is 1.20 and price to sales ratio is 0.29.