Credit Agricole (OTCMKTS:CRARY) Shares Up 0.8% - Should You Buy?

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

Credit Agricole Trading Up 2.8%

The company's 50 day simple moving average is $9.34 and its 200 day simple moving average is $8.55. The firm has a market cap of $58.16 billion, a price-to-earnings ratio of 8.36 and a beta of 1.03. The company has a debt-to-equity ratio of 5.92, a current ratio of 1.82 and a quick ratio of 1.82.

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

Credit Agricole Cuts Dividend

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

Credit Agricole Company Profile

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.