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

Posted by Dante Gardener on Oct 30th, 2024

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

Société Générale Société anonyme Stock Down 0.4 %

Shares of Société Générale Société anonyme stock opened at $5.21 on Wednesday. Société Générale Société anonyme has a one year low of $4.30 and a one year high of $6.11. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.36 and a quick ratio of 1.39. The stock’s 50-day moving average is $5.00 and its 200 day moving average is $5.16. The firm has a market cap of $20.85 billion, a price-to-earnings ratio of 11.09, a PEG ratio of 0.12 and a beta of 1.44.

Société Générale Société anonyme (OTCMKTS:SCGLY – Get Free Report) last announced its earnings results on Thursday, August 1st. The financial services provider reported $0.25 EPS for the quarter. Société Générale Société anonyme had a return on equity of 3.31% and a net margin of 9.04%. The company had revenue of $7.20 billion for the quarter. Equities research analysts anticipate that Société Générale Société anonyme will post 0.9 EPS for the current year.

Analysts Set New Price Targets

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

View Our Latest Report on SCGLY

Société Générale Société anonyme Company Profile

(Get Free Report)

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.