Societe Generale Group (OTCMKTS:SCGLY) Stock Short Interest Report for September

by · The Cerbat Gem

Societe Generale Group (OTCMKTS:SCGLY – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 49,315 shares, a growth of 61.0% from the September 15th total of 30,633 shares. Based on an average daily volume of 1,569,292 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Societe Generale Group Stock Performance

Shares of SCGLY opened at $14.60 on Friday. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.20 and a quick ratio of 1.21. Societe Generale Group has a 1-year low of $12.17 and a 1-year high of $19.52. The stock has a market cap of $53.97 billion, a price-to-earnings ratio of 7.53, a price-to-earnings-growth ratio of 0.43 and a beta of 0.80. The firm has a 50 day simple moving average of $16.75 and a 200-day simple moving average of $16.78.

Societe Generale Group (OTCMKTS:SCGLY – Get Free Report) last announced its earnings results on Thursday, July 30th. The financial services provider reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.11. The firm had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $8.03 billion. Societe Generale Group had a return on equity of 7.20% and a net margin of 23.30%. Equities analysts forecast that Societe Generale Group will post 1.82 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SCGLY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Societe Generale Group in a report on Wednesday, September 9th. Keefe, Bruyette & Woods raised Societe Generale Group from a “moderate sell” rating to a “hold” rating in a report on Tuesday. Kepler Capital Markets upgraded Societe Generale Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Societe Generale Group in a research note on Tuesday, September 22nd. Finally, The Goldman Sachs Group downgraded Societe Generale Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Get Our Latest Stock Analysis on SCGLY

About Societe Generale Group

(Get Free Report)

Societe Generale Group is a France-based international banking group that provides financial services to individuals, businesses, institutional investors and public-sector organizations. Its activities include retail banking, corporate and investment banking, private banking, asset management, insurance, consumer finance and specialized financial services.

In France, the group serves personal and business customers through Societe Generale’s retail banking network and digital banking platform BoursoBank.

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