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Credit Agricole (OTCMKTS:CRARY) Shares Up 0.8% - Still a Buy?

Credit Agricole logo with Finance background

Shares of Credit Agricole SA (OTCMKTS:CRARY - Get Free Report) rose 0.8% during mid-day trading on Tuesday . The company traded as high as $9.40 and last traded at $9.35. Approximately 118,584 shares changed hands during trading, a decline of 19% from the average daily volume of 145,590 shares. The stock had previously closed at $9.28.

Credit Agricole Stock Performance

The stock's 50-day moving average price is $9.34 and its 200-day moving average price is $8.55. The company has a debt-to-equity ratio of 5.92, a quick ratio of 1.82 and a current ratio of 1.82. The company has a market capitalization of $56.58 billion, a price-to-earnings ratio of 8.13 and a beta of 1.03.

Credit Agricole (OTCMKTS:CRARY - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by ($0.01). Credit Agricole had a return on equity of 33.63% and a net margin of 25.37%. The business had revenue of $7.63 billion for the quarter, compared to analysts' expectations of $7.18 billion.

Credit Agricole Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 12th. Stockholders of record on Monday, May 26th were paid a dividend of $0.4286 per share. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 4.38%. Credit Agricole's dividend payout ratio (DPR) is 34.78%.

About Credit 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.

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