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

Société Générale Société anonyme (OTCMKTS:SCGLY) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 70,300 shares, a decrease of 71.0% from the November 30th total of 242,200 shares. Based on an average daily volume of 1,079,100 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

SCGLY has been the subject of a number of research analyst reports. Citigroup raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 1st. The Goldman Sachs Group raised Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 11th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Société Générale Société anonyme has an average rating of “Hold”.

Société Générale Société anonyme Stock Up 0.4 %

Shares of OTCMKTS:SCGLY traded up $0.05 during midday trading on Thursday, hitting $5.64. 237,259 shares of the company’s stock were exchanged, compared to its average volume of 426,585. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.36 and a quick ratio of 1.39. Société Générale Société anonyme has a 12 month low of $4.30 and a 12 month high of $6.11. The company has a market cap of $22.57 billion, a PE ratio of 6.80, a price-to-earnings-growth ratio of 0.13 and a beta of 1.36. The stock has a 50 day moving average price of $5.52 and a 200-day moving average price of $5.14.

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.