Shares of Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $11.65 and last traded at $11.54, with a volume of 611622 shares traded. The stock had previously closed at $11.19.
Analyst Ratings Changes
SCGLY has been the subject of a number of research analyst reports. UBS Group cut Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. Kepler Capital Markets lowered shares of Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 2nd. Four research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".
Read Our Latest Report on Societe Generale Group
Societe Generale Group Trading Up 2.4%
The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.43. The stock has a 50-day simple moving average of $10.45 and a 200 day simple moving average of $8.28. The company has a market cap of $45.12 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 0.30 and a beta of 1.07.
Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.04. The company had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.02 billion. Societe Generale Group had a net margin of 18.10% and a return on equity of 5.57%. As a group, equities research analysts predict that Societe Generale Group will post 1.14 EPS for the current fiscal year.
Societe Generale Group Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, June 12th. Investors of record on Friday, May 23rd were given a dividend of $0.1797 per share. The ex-dividend date was Thursday, May 22nd. This represents a yield of 1.62%. Societe Generale Group's dividend payout ratio is presently 12.40%.
About Societe Generale Group
(
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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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