Société Générale Société anonyme (OTCMKTS:SCGLY) Posts Earnings Results, Beats Estimates By $0.03 EPS

Société Générale Société anonyme (OTCMKTS:SCGLY) announced its quarterly earnings results on Thursday. The financial services provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03, Zacks reports. Société Générale Société anonyme had a return on equity of 3.72% and a net margin of 12.96%.

Société Générale Société anonyme Price Performance

SCGLY traded up $0.05 on Thursday, reaching $6.53. 813,390 shares of the company’s stock were exchanged, compared to its average volume of 506,253. The stock has a market cap of $26.13 billion, a PE ratio of 7.87, a P/E/G ratio of 0.11 and a beta of 1.33. The company has a debt-to-equity ratio of 3.61, a current ratio of 1.35 and a quick ratio of 1.35. Société Générale Société anonyme has a twelve month low of $4.30 and a twelve month high of $6.60. The stock’s fifty day moving average price is $5.82 and its 200-day moving average price is $5.35.

Analyst Ratings Changes

A number of analysts have commented on SCGLY shares. Citigroup raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 1st. Barclays upgraded shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Finally, The Goldman Sachs Group raised shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus 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.