Société Générale Société anonyme (OTCMKTS:SCGLY) Sets New 52-Week High – Here’s What Happened

Société Générale Société anonyme (OTCMKTS:SCGLYGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $9.98 and last traded at $9.97, with a volume of 568021 shares changing hands. The stock had previously closed at $9.84.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Kepler Capital Markets downgraded shares of Société Générale Société anonyme from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 2nd. Barclays raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Three research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Get Our Latest Report on SCGLY

Société Générale Société anonyme Stock Up 1.4 %

The firm’s 50 day moving average price is $8.79 and its two-hundred day moving average price is $6.91. The firm has a market capitalization of $39.90 billion, a PE ratio of 9.97, a P/E/G ratio of 0.26 and a beta of 0.92. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61.

Société Générale Société anonyme (OTCMKTS:SCGLYGet Free Report) last announced its earnings results on Thursday, February 6th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. As a group, research analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

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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