Credit Agricole SA (OTCMKTS:CRARY) Stock Short Interest Report for October

Credit Agricole SA (OTCMKTS:CRARY) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 26,204 shares, an increase of 947.7% from the October 15th total of 2,501 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 799,504 shares, the days-to-cover ratio is currently 0.0 days.

Credit Agricole Stock Performance

Shares of CRARY traded down $0.14 during mid-day trading on Thursday, reaching $8.73. The company had a trading volume of 3,112 shares, compared to its average volume of 243,592. The company has a market capitalization of $52.83 billion, a price-to-earnings ratio of 7.46 and a beta of 0.64. The firm has a 50-day moving average price of $9.46 and a 200 day moving average price of $10.01. Credit Agricole has a 52 week low of $8.19 and a 52 week high of $11.66.

Credit Agricole (OTCMKTS:CRARY) last posted its quarterly earnings data on Friday, October 30th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. The company had revenue of $7.92 billion during the quarter, compared to analyst estimates of $8.05 billion. Credit Agricole had a return on equity of 24.18% and a net margin of 23.72%. As a group, research analysts forecast that Credit Agricole will post 1.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Deutsche Bank reiterated a “hold” rating on shares of Credit Agricole in a report 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Credit Agricole Company Profile

Crédit Agricole is a French banking group with roots in agricultural lending. Founded in 1894, it has developed into a diversified financial services provider serving individuals, businesses, farmers and public-sector organizations. Its activities include retail and commercial banking, corporate and investment banking, asset management, insurance, and consumer and specialized financing. The group operates through a network of regional and local banks in France and serves customers in other countries through its international businesses.