Société Générale Société anonyme (OTCMKTS:SCGLY) Short Interest Up 41.7% in February

Société Générale Société anonyme (OTCMKTS:SCGLY) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 330,400 shares, a growth of 41.7% from the February 13th total of 233,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,239,400 shares, the short-interest ratio is presently 0.3 days.

Société Générale Société anonyme Stock Up 1.9 %

Shares of OTCMKTS:SCGLY traded up $0.17 during midday trading on Monday, reaching $9.22. The company’s stock had a trading volume of 697,128 shares, compared to its average volume of 633,701. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61. The firm has a 50 day moving average of $7.24 and a 200-day moving average of $6.00. The firm has a market capitalization of $36.89 billion, a P/E ratio of 9.22, a PEG ratio of 0.26 and a beta of 1.27. Société Générale Société anonyme has a 12-month low of $4.30 and a 12-month high of $9.29.

Société Générale Société anonyme (OTCMKTS:SCGLY) last posted its quarterly earnings results on Thursday, February 6th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. On average, research analysts anticipate that Société Générale Société anonyme will post 1.14 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on SCGLY shares. Barclays raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. 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 given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average 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.