Société Générale Société anonyme (OTCMKTS:SCGLY) Short Interest Update

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 468,100 shares, a decline of 54.1% from the March 31st total of 1,020,300 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 1,526,800 shares, the days-to-cover ratio is presently 0.3 days.

Société Générale Société anonyme Price Performance

OTCMKTS SCGLY traded up $0.17 during trading hours on Friday, reaching $10.63. 400,954 shares of the stock traded hands, compared to its average volume of 654,386. The company has a debt-to-equity ratio of 3.61, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a 50 day simple moving average of $8.98 and a two-hundred day simple moving average of $7.03. Société Générale Société anonyme has a 1 year low of $4.30 and a 1 year high of $10.66. The company has a market cap of $42.54 billion, a price-to-earnings ratio of 10.63, a price-to-earnings-growth ratio of 0.26 and a beta of 0.92.

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. The business had revenue of $7.45 billion for the quarter, compared to analysts' expectations of $7.02 billion. On average, analysts predict that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Barclays raised shares of Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 27th. Kepler Capital Markets downgraded shares of Société Générale Société anonyme from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 2nd. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. According to data from MarketBeat, Société Générale Société anonyme currently has a consensus rating of "Moderate Buy".

Société Générale Société anonyme Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.