Société Générale Société anonyme (OTCMKTS:SCGLY) Hits New 1-Year High – What’s Next?

Société Générale Société anonyme (OTCMKTS:SCGLY)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $9.58 and last traded at $9.58, with a volume of 495227 shares traded. The stock had previously closed at $9.34.

Analysts Set New Price Targets

SCGLY has been the subject of several research analyst reports. The Goldman Sachs Group upgraded shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 11th. Barclays upgraded Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Société Générale Société anonyme Stock Performance

The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.61. The stock has a market cap of $37.81 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 0.26 and a beta of 1.27. The stock’s 50 day moving average is $7.82 and its two-hundred day moving average is $6.24.

Société Générale Société anonyme (OTCMKTS:SCGLY) last released its quarterly 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%. Analysts anticipate that Société Générale Société anonyme will post 1.14 earnings per share for the current fiscal year.

Société Générale Société anonyme Company Profile

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.