BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 23,592 shares, a decrease of 60.5% from the June 15th total of 59,737 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 860,402 shares, the short-interest ratio is currently 0.0 days.

BNP Paribas Trading Down 0.6%

Shares of BNP Paribas stock opened at $57.12 on Tuesday. The firm has a market capitalization of $125.85 billion, a PE ratio of 9.17, a price-to-earnings-growth ratio of 0.58 and a beta of 0.77. BNP Paribas has a 12 month low of $37.50 and a 12 month high of $59.55. The business’s 50-day moving average price is $55.22 and its 200-day moving average price is $52.85.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Thursday, April 30th. The financial services provider reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.13. The company had revenue of $86.05 billion during the quarter, compared to the consensus estimate of $15.85 billion. BNP Paribas had a return on equity of 9.61% and a net margin of 23.86%. As a group, analysts predict that BNP Paribas will post 6.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on BNPQY shares. Citigroup reissued a “buy” rating on shares of BNP Paribas in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, BNP Paribas currently has a consensus rating of “Hold”.

BNP Paribas Company Profile

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.