Short Interest in Société Générale Société anonyme (OTCMKTS:SCGLY) Rises By 25.7%

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 265,800 shares, an increase of 25.7% from the September 30th total of 211,400 shares. Based on an average daily trading volume, of 553,000 shares, the short-interest ratio is currently 0.5 days.

Société Générale Société anonyme Price Performance

Société Générale Société anonyme stock traded up $0.12 during midday trading on Monday, hitting $5.23. 632,001 shares of the company's stock were exchanged, compared to its average volume of 391,397. The company has a market cap of $20.93 billion, a P/E ratio of 9.02, a PEG ratio of 0.12 and a beta of 1.44. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.39 and a current ratio of 1.36. The stock has a 50-day moving average price of $4.99 and a two-hundred day moving average price of $5.16. Société Générale Société anonyme has a 52-week low of $4.30 and a 52-week high of $6.11.

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.25 EPS for the quarter. The company had revenue of $7.20 billion during the quarter. Société Générale Société anonyme had a return on equity of 3.31% and a net margin of 9.04%. On average, equities research analysts forecast that Société Générale Société anonyme will post 0.9 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Société Générale Société anonyme to a "hold" rating in a research note on Monday, August 5th.

About Société Générale Société anonyme

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.