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

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 707,100 shares, a growth of 114.0% from the February 28th total of 330,400 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,674,900 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Barclays raised Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 27th. The Goldman Sachs Group upgraded shares of Société Générale Société anonyme from a "strong sell" rating to a "hold" rating in a research note on Wednesday, December 11th.

Société Générale Société anonyme Price Performance

Shares of OTCMKTS SCGLY traded down $0.06 during mid-day trading on Tuesday, hitting $8.99. 428,544 shares of the stock traded hands, compared to its average volume of 648,676. Société Générale Société anonyme has a twelve month low of $4.30 and a twelve month high of $9.60. The firm has a 50 day simple moving average of $8.02 and a two-hundred day simple moving average of $6.34. 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 company has a market cap of $35.97 billion, a PE ratio of 8.99, a price-to-earnings-growth ratio of 0.26 and a beta of 1.27.

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Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The financial services provider reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.03. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. As a group, equities research analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

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.