Credit Agricole SA (OTCMKTS:CRARY) Short Interest Update

Credit Agricole SA (OTCMKTS:CRARY) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 18,640 shares, an increase of 597.1% from the July 30th total of 2,674 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 164,505 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

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

Credit Agricole Stock Performance

Shares of CRARY opened at $11.04 on Thursday. The company has a 50-day moving average of $10.55 and a two-hundred day moving average of $10.13. The stock has a market cap of $66.81 billion, a price-to-earnings ratio of 9.86 and a beta of 0.65. The company has a debt-to-equity ratio of 5.79, a current ratio of 1.55 and a quick ratio of 1.55. Credit Agricole has a one year low of $8.80 and a one year high of $11.66.

Credit Agricole (OTCMKTS:CRARY) last released its quarterly earnings results on Friday, July 31st. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The firm had revenue of $8.47 billion for the quarter, compared to analyst estimates of $7.99 billion. Credit Agricole had a net margin of 23.39% and a return on equity of 23.73%. On average, equities research analysts expect that Credit Agricole will post 1.34 earnings per share for the current year.

Credit Agricole Company Profile

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.