Credit Agricole SA (OTCMKTS:CRARY) Stock Short Interest Rises 947.7%

Credit Agricole SA (OTCMKTS:CRARY – Get Free Report) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 26,204 shares, a growth of 947.7% from the October 15th total of 2,501 shares. Based on an average daily trading volume, of 799,504 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on Credit Agricole

Credit Agricole Price Performance

CRARY stock traded up $0.01 during trading on Tuesday, reaching $8.87. 402,933 shares of the company were exchanged, compared to its average volume of 243,702. The company has a market capitalization of $53.68 billion, a price-to-earnings ratio of 7.58 and a beta of 0.64. The company has a 50-day moving average of $9.50 and a two-hundred day moving average of $10.02. Credit Agricole has a twelve month low of $8.19 and a twelve month high of $11.66.

Credit Agricole (OTCMKTS:CRARY – Get Free Report) last issued its earnings results on Friday, October 30th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. The firm had revenue of $7.92 billion for the quarter, compared to analyst estimates of $8.05 billion. Credit Agricole had a net margin of 23.72% and a return on equity of 24.18%. On average, analysts forecast that Credit Agricole will post 1.26 EPS for the current year.

Credit Agricole Company Profile

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Crédit Agricole is a French banking group with roots in agricultural lending. Founded in 1894, it has developed into a diversified financial services provider serving individuals, businesses, farmers and public-sector organizations. Its activities include retail and commercial banking, corporate and investment banking, asset management, insurance, and consumer and specialized financing. The group operates through a network of regional and local banks in France and serves customers in other countries through its international businesses.

Further Reading

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