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

by · The Cerbat Gem

Société Générale Société anonyme (OTCMKTS:SCGLY – Get Free Report) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 302,500 shares, an increase of 330.3% from the December 15th total of 70,300 shares. Based on an average trading volume of 946,300 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have 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 research report on Wednesday, December 11th. Citigroup raised shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Get Our Latest Report on Société Générale Société anonyme

Société Générale Société anonyme Stock Performance

OTCMKTS SCGLY traded up $0.04 on Monday, reaching $5.68. The stock had a trading volume of 523,606 shares, compared to its average volume of 494,758. 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 company has a market cap of $22.73 billion, a P/E ratio of 6.84, a price-to-earnings-growth ratio of 0.13 and a beta of 1.33. The firm has a fifty day moving average of $5.60 and a two-hundred day moving average of $5.21. Société Générale Société anonyme has a 1-year low of $4.30 and a 1-year high of $6.11.

About Société Générale Société anonyme

(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.

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