Credit Agricole SA (OTCMKTS:CRARY) Short Interest Update

Credit Agricole SA (OTCMKTS:CRARY) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 9,286 shares, a drop of 50.2% from the August 15th total of 18,640 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 84,063 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Credit Agricole in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Credit Agricole currently has a consensus rating of “Hold”.

Credit Agricole Stock Down 0.7%

Shares of OTCMKTS CRARY opened at $10.56 on Wednesday. The company has a market capitalization of $64.61 billion, a P/E ratio of 9.43 and a beta of 0.64. The company has a debt-to-equity ratio of 5.79, a current ratio of 1.55 and a quick ratio of 1.55. The company has a 50 day simple moving average of $10.76 and a 200-day simple moving average of $10.13. Credit Agricole has a 1 year low of $8.80 and a 1 year high of $11.66.

Credit Agricole (OTCMKTS:CRARY) last announced its earnings results on Friday, July 31st. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). Credit Agricole had a return on equity of 31.64% and a net margin of 23.39%.The company had revenue of $8.47 billion for the quarter, compared to analysts’ expectations of $7.99 billion. On average, equities research analysts predict that Credit Agricole will post 1.34 earnings per share for the current year.

Credit Agricole Company Profile

Credit Agricole SA is the listed holding company of the Credit Agricole Group, a diversified French banking and financial services group. Its activities include retail banking, corporate and investment banking, asset management, insurance, consumer finance, specialized financial services and payment solutions.

Through its regional cooperative banks and subsidiaries, Credit Agricole serves individuals, farmers, small and medium-sized businesses, large corporations, institutional investors and public-sector clients.