Societe Generale Group (OTCMKTS:SCGLY) Short Interest Down 37.5% in July

Key Points

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Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 227,000 shares, adecreaseof37.5% from the July 15th total of 363,200 shares. Based on an average daily volume of 686,500 shares, the short-interest ratio is presently 0.3 days. Currently,0.0% of the company's stock are short sold. Currently,0.0% of the company's stock are short sold. Based on an average daily volume of 686,500 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

SCGLY has been the topic of a number of research analyst reports. UBS Group raised shares of Societe Generale Group from a "neutral" rating to a "buy" rating in a report on Tuesday, August 5th. Barclays reissued an "overweight" rating on shares of Societe Generale Group in a report on Monday, August 4th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Societe Generale Group Stock Down 1.7%

SCGLY stock opened at $13.59 on Tuesday. Societe Generale Group has a one year low of $4.66 and a one year high of $13.89. The company has a debt-to-equity ratio of 3.32, a quick ratio of 1.32 and a current ratio of 1.32. The company has a fifty day moving average of $12.01 and a 200-day moving average of $10.22. The stock has a market capitalization of $53.35 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 0.39 and a beta of 1.12.

Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The financial services provider reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.04. The firm had revenue of $7.71 billion for the quarter, compared to analyst estimates of $6.58 billion. Societe Generale Group had a return on equity of 6.03% and a net margin of 19.31%. As a group, analysts expect that Societe Generale Group will post 1.14 EPS for the current year.

About Societe Generale Group

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.

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