Credit Agricole (OTCMKTS:CRARY) Trading 0.2% Higher - Still a Buy?

Key Points

• Credit Agricole's stock price increased by 0.2%, trading at $9.34 with a market cap of $56.52 billion.
• In its latest earnings report, the company posted $0.29 EPS, missing estimates, but boasted a revenue of $7.63 billion, exceeding expectations of $7.18 billion.
• The firm recently paid a dividend of $0.4286, yielding 4.38% with a dividend payout ratio of 34.78%.

Credit Agricole SA (OTCMKTS:CRARY - Get Free Report)'s stock price shot up 0.2% on Tuesday . The stock traded as high as $9.39 and last traded at $9.34. 160,771 shares were traded during mid-day trading, an increase of 13% from the average session volume of 142,518 shares. The stock had previously closed at $9.32.

Credit Agricole Stock Down 1.1%

The company has a debt-to-equity ratio of 5.92, a current ratio of 1.82 and a quick ratio of 1.82. The firm's 50 day moving average is $9.27 and its two-hundred day moving average is $8.86. The firm has a market capitalization of $55.62 billion, a P/E ratio of 7.29 and a beta of 1.05.

Credit Agricole (OTCMKTS:CRARY - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.06. Credit Agricole had a net margin of 26.77% and a return on equity of 27.20%.

Credit Agricole Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 12th. Shareholders of record on Monday, May 26th were given a dividend of $0.4286 per share. This represents a yield of 438.0%. The ex-dividend date of this dividend was Friday, May 23rd. Credit Agricole's payout ratio is 34.78%.

About Credit Agricole

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.