Credit Agricole SA (OTCMKTS:CRARY) Short Interest Down 63.0% in July

Credit Agricole SA (OTCMKTS:CRARY) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 1,568 shares, a drop of 63.0% from the June 30th total of 4,241 shares. Based on an average daily trading volume, of 222,824 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Credit Agricole Price Performance

OTCMKTS:CRARY opened at $10.61 on Wednesday. Credit Agricole has a 12-month low of $8.80 and a 12-month high of $11.33. The company’s 50-day moving average is $9.87 and its two-hundred day moving average is $10.02. The firm has a market cap of $64.19 billion, a price-to-earnings ratio of 8.84 and a beta of 0.66. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 5.79.

Credit Agricole (OTCMKTS:CRARY) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.01. The business had revenue of $8.18 billion for the quarter, compared to analyst estimates of $8.25 billion. Credit Agricole had a net margin of 24.36% and a return on equity of 32.35%. Research analysts expect that Credit Agricole will post 1.29 EPS for the current year.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Credit Agricole in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

About Credit Agricole

Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.

The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.