Société Générale Société anonyme (OTCMKTS:SCGLY) Short Interest Update

Société Générale Société anonyme (OTCMKTS:SCGLY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 302,500 shares, a growth of 330.3% from the December 31st total of 70,300 shares. Based on an average trading volume of 946,300 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

A number of research analysts have recently commented on SCGLY shares. The Goldman Sachs Group raised shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 11th. Citigroup raised shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Société Générale Société anonyme currently has a consensus rating of “Hold”.

Société Générale Société anonyme Price Performance

Shares of OTCMKTS SCGLY traded up $0.01 during mid-day trading on Tuesday, reaching $6.48. 341,182 shares of the company’s stock were exchanged, compared to its average volume of 488,480. The firm has a 50-day moving average price of $5.68 and a two-hundred day moving average price of $5.29. Société Générale Société anonyme has a 52 week low of $4.30 and a 52 week high of $6.49. The firm has a market capitalization of $25.93 billion, a price-to-earnings ratio of 7.81, a price-to-earnings-growth ratio of 0.11 and a beta of 1.33.

Société Générale Société anonyme Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.