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

Société Générale Société anonyme (OTCMKTS:SCGLY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 265,800 shares, a growth of 25.7% from the September 30th total of 211,400 shares. Based on an average daily trading volume, of 553,000 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded Société Générale Société anonyme to a “hold” rating in a research note on Monday, August 5th.

Société Générale Société anonyme Price Performance

Shares of Société Générale Société anonyme stock traded down $0.10 during trading on Monday, hitting $5.11. 741,400 shares of the stock traded hands, compared to its average volume of 390,234. The company has a quick ratio of 1.39, a current ratio of 1.36 and a debt-to-equity ratio of 3.63. The stock has a market cap of $20.45 billion, a price-to-earnings ratio of 8.81, a PEG ratio of 0.12 and a beta of 1.44. The firm’s fifty day moving average is $4.98 and its 200-day moving average is $5.16. Société Générale Société anonyme has a 52 week low of $4.30 and a 52 week high of $6.11.

Société Générale Société anonyme (OTCMKTS:SCGLY) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.25 EPS for the quarter. The firm had revenue of $7.20 billion for the quarter. Société Générale Société anonyme had a return on equity of 3.31% and a net margin of 9.04%. Research analysts expect that Société Générale Société anonyme will post 0.9 EPS for the current fiscal year.

About Société Générale Société anonyme

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.