Crédit Agricole S.A. (OTCMKTS:CRARY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 43,400 shares, an increase of 334.0% from the December 15th total of 10,000 shares. Based on an average daily volume of 166,500 shares, the short-interest ratio is currently 0.3 days.
OTCMKTS:CRARY traded up $0.01 during trading hours on Friday, hitting $7.87. The stock had a trading volume of 51,740 shares, compared to its average volume of 73,730. Crédit Agricole has a 1-year low of $5.59 and a 1-year high of $8.16. The business has a 50 day simple moving average of $7.12 and a two-hundred day simple moving average of $7.09. The company has a market cap of $48.67 billion, a PE ratio of 8.83 and a beta of 1.89.
Crédit Agricole (OTCMKTS:CRARY) last issued its quarterly earnings data on Wednesday, November 10th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.01. Crédit Agricole had a net margin of 20.20% and a return on equity of 7.03%. The company had revenue of $6.52 billion during the quarter. As a group, equities research analysts expect that Crédit Agricole will post 0.89 earnings per share for the current fiscal year.
A number of research analysts have issued reports on the stock. Barclays upped their target price on shares of Crédit Agricole from €15.50 ($17.61) to €15.90 ($18.07) and gave the company an "overweight" rating in a report on Monday, October 18th. Morgan Stanley reaffirmed an "equal weight" rating and set a €15.00 ($17.05) price objective (down previously from €15.50 ($17.61)) on shares of Crédit Agricole in a research note on Friday, November 12th. Zacks Investment Research downgraded shares of Crédit Agricole from a "hold" rating to a "sell" rating in a research note on Wednesday, December 8th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Crédit Agricole in a research note on Thursday, November 11th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Crédit Agricole currently has a consensus rating of "Hold" and an average price target of $14.07.
Crédit Agricole Company Profile
Credit Agricole SA engages in the provision of banking and financial services. It operates through the following segments: French Retail Banking - Regional Banks, French Retail Banking - LCL, International Retail Banking, Savings Management & Insurance, Specialized Financial Services, Corporate & Investment Banking, and Corporate Centre.
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