BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQY) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 261,797 shares, an increase of 238.2% from the April 15th total of 77,402 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 615,497 shares, the days-to-cover ratio is currently 0.4 days.

BNP Paribas Stock Down 6.5%

Shares of OTCMKTS BNPQY opened at $50.48 on Friday. BNP Paribas has a 12-month low of $37.50 and a 12-month high of $57.31. The company has a market capitalization of $111.22 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of 0.69 and a beta of 0.77. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s 50-day moving average is $51.24 and its two-hundred day moving average is $48.86.

BNP Paribas (OTCMKTS:BNPQY) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.13. BNP Paribas had a net margin of 23.86% and a return on equity of 9.61%. The company had revenue of $86.05 billion for the quarter, compared to the consensus estimate of $15.85 billion. Equities analysts anticipate that BNP Paribas will post 6.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BNPQY shares. Keefe, Bruyette & Woods upgraded shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a research note on Friday, February 6th. Zacks Research lowered shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a research note on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a research note on Tuesday, February 17th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, BNP Paribas presently has a consensus rating of “Hold”.

About BNP Paribas

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.