Short Interest in Crédit Agricole S.A. (OTCMKTS:CRARY) Decreases By 68.4%

Crédit Agricole S.A. (OTCMKTS:CRARY) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 19,200 shares, a drop of 68.4% from the August 15th total of 60,800 shares. Based on an average daily trading volume, of 418,700 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Crédit Agricole to a “hold” rating in a research report on Thursday, July 11th.

Crédit Agricole Trading Down 0.5 %

OTCMKTS CRARY traded down $0.04 during mid-day trading on Friday, hitting $7.83. The company’s stock had a trading volume of 51,219 shares, compared to its average volume of 175,240. The company has a debt-to-equity ratio of 6.02, a current ratio of 1.59 and a quick ratio of 1.59. Crédit Agricole has a 52-week low of $5.82 and a 52-week high of $8.65. The stock’s fifty day simple moving average is $7.48 and its two-hundred day simple moving average is $7.49. The firm has a market capitalization of $47.39 billion, a P/E ratio of 7.18 and a beta of 1.46.

Crédit Agricole (OTCMKTS:CRARY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.31 earnings per share (EPS) for the quarter. Crédit Agricole had a net margin of 23.85% and a return on equity of 7.46%. The company had revenue of $7.32 billion for the quarter. Research analysts expect that Crédit Agricole will post 1.1 EPS for the current year.

Crédit Agricole Company Profile

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.