BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQY) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 43,710 shares, an increase of 85.3% from the June 30th total of 23,592 shares. Based on an average daily trading volume, of 438,910 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BNPQY. DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. Royal Bank Of Canada restated an “outperform” rating on shares of BNP Paribas in a report on Monday. Kepler Capital Markets raised shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a report on Monday. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research note on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, BNP Paribas currently has a consensus rating of “Moderate Buy”.

BNP Paribas Price Performance

BNP Paribas stock opened at $62.96 on Friday. The company has a market capitalization of $138.71 billion, a price-to-earnings ratio of 9.33, a price-to-earnings-growth ratio of 0.60 and a beta of 0.77. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.78 and a current ratio of 0.78. BNP Paribas has a 1 year low of $37.50 and a 1 year high of $62.98. The company’s 50 day simple moving average is $57.05 and its 200-day simple moving average is $53.96.

BNP Paribas (OTCMKTS:BNPQY) last issued its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.92 by $0.24. The company had revenue of $16.38 billion for the quarter, compared to analyst estimates of $15.44 billion. BNP Paribas had a net margin of 25.22% and a return on equity of 10.50%. As a group, equities research analysts expect that BNP Paribas will post 6.67 earnings per share for the current year.

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.