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

Société Générale Société anonyme (OTCMKTS:SCGLY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 707,100 shares, an increase of 114.0% from the February 28th total of 330,400 shares. Based on an average daily volume of 1,674,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

SCGLY has been the subject of several recent analyst reports. The Goldman Sachs Group raised shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a report 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.

Société Générale Société anonyme Stock Performance

Shares of OTCMKTS SCGLY traded down $0.18 during trading on Friday, reaching $9.27. 1,018,243 shares of the company traded hands, compared to its average volume of 650,641. The firm has a 50 day simple moving average of $7.96 and a 200-day simple moving average of $6.29. Société Générale Société anonyme has a 52-week low of $4.30 and a 52-week high of $9.60. The stock has a market capitalization of $37.09 billion, a PE ratio of 9.27, a P/E/G ratio of 0.26 and a beta of 1.27. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61.

Société Générale Société anonyme (OTCMKTS:SCGLY) 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%. Equities research analysts anticipate that Société Générale Société anonyme will post 1.14 earnings per share for the current year.

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.