Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) was the target of a large 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. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 1,239,400 shares, the days-to-cover ratio is currently 0.3 days.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on SCGLY shares. Barclays upgraded shares of Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report 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 report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".
View Our Latest Analysis on Société Générale Société anonyme
Société Générale Société anonyme Stock Performance
OTCMKTS:SCGLY traded up $0.18 during trading hours on Tuesday, reaching $9.41. The company had a trading volume of 1,099,377 shares, compared to its average volume of 643,233. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.61. Société Générale Société anonyme has a 52 week low of $4.30 and a 52 week high of $9.48. The firm has a market cap of $37.65 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 0.26 and a beta of 1.27. The firm's 50 day moving average price is $7.31 and its 200-day moving average price is $6.03.
Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last posted its earnings results on Thursday, February 6th. The financial services provider reported $0.23 EPS for the quarter, topping 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%. On average, analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current year.
Société Générale Société anonyme Company Profile
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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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