Free Trial

Crédit Agricole (OTCMKTS:CRARY) Shares Down 1.6% - Time to Sell?

Crédit Agricole logo with Finance background

Shares of Crédit Agricole S.A. (OTCMKTS:CRARY - Get Free Report) were down 1.6% during mid-day trading on Tuesday . The stock traded as low as $9.08 and last traded at $9.23. Approximately 159,131 shares changed hands during trading, a decline of 47% from the average daily volume of 301,231 shares. The stock had previously closed at $9.38.

Crédit Agricole Trading Up 1.7%

The company has a market capitalization of $55.74 billion, a price-to-earnings ratio of 8.15 and a beta of 1.04. The stock has a 50-day simple moving average of $9.26 and a 200-day simple moving average of $8.23.

Crédit Agricole (OTCMKTS:CRARY - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Crédit Agricole had a return on equity of 30.74% and a net margin of 24.66%. The company had revenue of $7.63 billion during the quarter, compared to the consensus estimate of $7.18 billion.

Crédit Agricole Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 12th. Shareholders of record on Monday, May 26th were paid a dividend of $0.4286 per share. This represents a yield of 4.38%. The ex-dividend date of this dividend was Friday, May 23rd. Crédit Agricole's payout ratio is currently 33.91%.

About Crédit Agricole

(Get Free Report)

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking - LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.

Read More

Should You Invest $1,000 in Credit Agricole Right Now?

Before you consider Credit Agricole, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Credit Agricole wasn't on the list.

While Credit Agricole currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines