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Société Générale Société anonyme (OTCMKTS:SCGLY) Reaches New 52-Week High - Still a Buy?

Société Générale Société anonyme logo with Finance background
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Shares of Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $9.58 and last traded at $9.58, with a volume of 495227 shares trading hands. The stock had previously closed at $9.34.

Wall Street Analysts Forecast Growth

SCGLY has been the topic of several recent analyst reports. The Goldman Sachs Group raised Société Générale Société anonyme from a "strong sell" rating to a "hold" rating in a research note on Wednesday, December 11th. Barclays upgraded shares of Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th.

Read Our Latest Research Report on SCGLY

Société Générale Société anonyme Price Performance

The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61. The stock's 50 day moving average price is $7.96 and its two-hundred day moving average price is $6.31. The stock has a market cap of $37.09 billion, a price-to-earnings ratio of 9.27, a price-to-earnings-growth ratio of 0.26 and a beta of 1.27.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.03. Société Générale Société anonyme had a net margin of 14.96% and a return on equity of 4.49%. Equities research analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

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About Société Générale Société anonyme

(Get Free Report)

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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