BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 66,887 shares, a decrease of 61.9% from the May 14th total of 175,555 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 730,240 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BNPQY. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a research note on Tuesday, May 26th. Keefe, Bruyette & Woods raised shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a report on Friday, March 6th. Finally, Zacks Research downgraded shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

BNP Paribas Price Performance

Shares of BNPQY traded up $1.69 during mid-day trading on Friday, reaching $56.00. The company had a trading volume of 180,825 shares, compared to its average volume of 378,211. The company’s 50 day simple moving average is $52.99 and its 200 day simple moving average is $50.87. BNP Paribas has a 1-year low of $37.50 and a 1-year high of $57.31. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market capitalization of $123.38 billion, a price-to-earnings ratio of 8.99, a P/E/G ratio of 0.70 and a beta of 0.77.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.13. BNP Paribas had a net margin of 23.86% and a return on equity of 9.61%. The company had revenue of $86.05 billion for the quarter, compared to the consensus estimate of $15.85 billion. Analysts expect that BNP Paribas will post 6.67 EPS for the current year.

About BNP Paribas

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.