Royal Dutch Shell PLC (RDS.B) Cut to “Hold” at Societe Generale

Royal Dutch Shell PLC (NYSE:RDS.B) was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, November 3rd, The Fly reports.

Royal Dutch Shell PLC (NYSE RDS.B) traded up $0.77 during trading on Friday, reaching $64.25. The company’s stock had a trading volume of 965,205 shares, compared to its average volume of 1,645,016. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.23. The company has a market cap of $261,220.00, a PE ratio of 20.43 and a beta of 1.13. Royal Dutch Shell PLC has a fifty-two week low of $51.10 and a fifty-two week high of $67.40.

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About Royal Dutch Shell PLC

The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.

The Fly

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