Grupo Supervielle SA -ADR (SUPV) Just Recorded A Sigfniciant Increase

September 17, 2017 - By Marguerite Chambers

The stock of Grupo Supervielle SA -ADR (NYSE:SUPV) is a huge mover today! The stock increased 5.16% or $1.11 on September 15, reaching $22.63. About 2.02 million shares traded or 269.65% up from the average. Grupo Supervielle SA -ADR (NYSE:SUPV) has risen 46.43% since September 17, 2016 and is uptrending. It has outperformed by 29.73% the S&P500.
The move comes after 5 months positive chart setup for the $1.44B company. It was reported on Sep, 17 by Barchart.com. We have $24.44 PT which if reached, will make NYSE:SUPV worth $115.20M more.

Analysts await Grupo Supervielle SA -ADR (NYSE:SUPV) to report earnings on November, 9. They expect $0.46 earnings per share, up 15.00 % or $0.06 from last year’s $0.4 per share. SUPV’s profit will be $29.27M for 12.30 P/E if the $0.46 EPS becomes a reality. After $0.51 actual earnings per share reported by Grupo Supervielle SA -ADR for the previous quarter, Wall Street now forecasts -9.80 % negative EPS growth.

More notable recent Grupo Supervielle SA -ADR (NYSE:SUPV) news were published by: Businesswire.com which released: “Grupo Supervielle SA Announces Exercise of Option to Purchase Additional …” on September 15, 2017, also Businesswire.com with their article: “Grupo Supervielle Announces Filing of the 2016 Annual Report on Form 20-F” published on May 15, 2017, Businesswire.com published: “Grupo Supervielle SA Announces Receipt of Termination Notice from Province of …” on January 18, 2017. More interesting news about Grupo Supervielle SA -ADR (NYSE:SUPV) were released by: Streetinsider.com and their article: “Grupo Supervielle SA (SUPV) Announces 103M Class B Follow-On Share Offering” published on August 25, 2017 as well as Businesswire.com‘s news article titled: “Grupo Supervielle SA Announces Issuance of Banco Supervielle’s Global Bond …” with publication date: February 02, 2017.

Grupo Supervielle SA is an Argentina holding firm primarily engaged in the financial sector. The company has market cap of $1.44 billion. The Firm provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others. It has a 14.48 P/E ratio.

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