Société Générale Société anonyme (OTCMKTS:SCGLY) Short Interest Up 41.7% in February

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 330,400 shares, an increase of 41.7% from the February 13th total of 233,200 shares. Based on an average daily volume of 1,239,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company's stock are sold short.

Société Générale Société anonyme Stock Down 1.5 %

OTCMKTS SCGLY traded down $0.15 during trading on Thursday, hitting $9.26. The company's stock had a trading volume of 1,047,835 shares, compared to its average volume of 649,855. 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 $37.05 billion, a PE ratio of 9.26, a P/E/G ratio of 0.26 and a beta of 1.27. The business's 50 day simple moving average is $7.46 and its 200-day simple moving average is $6.08. Société Générale Société anonyme has a fifty-two week low of $4.30 and a fifty-two week high of $9.48.

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The financial services provider reported $0.23 earnings per share for the quarter, topping the consensus estimate 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%. On average, equities analysts anticipate that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

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Analysts Set New Price Targets

A number of equities research 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 report on Monday, January 27th. The Goldman Sachs Group raised Société Générale Société anonyme from a "strong sell" rating to a "hold" rating in a research report on Wednesday, December 11th. Four research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Société Générale Société anonyme Company Profile

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.