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

Société Générale Société anonyme (OTCMKTS:SCGLY) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 327,000 shares, an increase of 2,286.9% from the March 31st total of 13,700 shares. Based on an average daily trading volume, of 624,100 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

SCGLY has been the subject of a number of research analyst reports. Morgan Stanley reiterated an “equal weight” rating on shares of Société Générale Société anonyme in a report on Monday, March 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Société Générale Société anonyme in a report on Wednesday, March 27th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat, Société Générale Société anonyme has a consensus rating of “Hold”.

Société Générale Société anonyme Stock Performance

Shares of OTCMKTS SCGLY traded up $0.03 during trading hours on Friday, reaching $5.50. The stock had a trading volume of 210,035 shares, compared to its average volume of 326,007. The business’s fifty day moving average is $5.22 and its two-hundred day moving average is $5.06. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.45 and a quick ratio of 1.45. The company has a market cap of $22.08 billion, a price-to-earnings ratio of 7.03, a PEG ratio of 0.11 and a beta of 1.47. Société Générale Société anonyme has a twelve month low of $4.32 and a twelve month high of $5.84.

Société Générale Société anonyme (OTCMKTS:SCGLY) last issued its earnings results on Thursday, February 8th. The financial services provider reported $0.06 EPS for the quarter. The business had revenue of $6.41 billion during the quarter. Société Générale Société anonyme had a return on equity of 4.69% and a net margin of 9.08%. As a group, research analysts expect that Société Générale Société anonyme will post 1.01 EPS for the current year.

About Société Générale Société anonyme

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.