Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Increases By 222.2%

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 72,500 shares, an increase of 222.2% from the December 15th total of 22,500 shares. Based on an average daily volume of 655,900 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised BNP Paribas to a "moderate buy" rating in a research note on Wednesday, October 9th.

BNP Paribas Trading Up 2.0 %

Shares of BNP Paribas stock traded up $0.61 during mid-day trading on Tuesday, hitting $31.37. The stock had a trading volume of 695,402 shares, compared to its average volume of 600,275. The firm has a market cap of $70.90 billion, a P/E ratio of 6.44, a price-to-earnings-growth ratio of 0.23 and a beta of 1.36. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.79. The firm has a 50-day moving average of $30.76 and a two-hundred day moving average of $33.04. BNP Paribas has a 12-month low of $28.53 and a 12-month high of $39.32.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last posted its earnings results on Thursday, October 31st. The financial services provider reported $1.31 EPS for the quarter, missing analysts' consensus estimates of $1.33 by ($0.02). The business had revenue of $13.12 billion during the quarter, compared to the consensus estimate of $13.13 billion. Sell-side analysts forecast that BNP Paribas will post 5.27 earnings per share for the current year.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.