Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Grows By 238.2%

BNP Paribas SA (OTCMKTS:BNPQY – Get Free Report) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 261,797 shares, a growth of 238.2% from the April 15th total of 77,402 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 615,497 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Several equities research analysts have weighed in on BNPQY shares. Keefe, Bruyette & Woods upgraded BNP Paribas from a “hold” rating to a “moderate buy” rating in a report on Friday, March 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BNP Paribas in a report on Tuesday, February 17th. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a report on Thursday, April 23rd. Finally, Zacks Research cut BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Get BNP Paribas alerts:

Get Our Latest Stock Report on BNPQY

BNP Paribas Stock Down 0.4%

Shares of OTCMKTS:BNPQY traded down $0.23 during trading on Thursday, hitting $54.09. The stock had a trading volume of 76,851 shares, compared to its average volume of 489,447. 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 $119.16 billion, a PE ratio of 8.68, a PEG ratio of 0.68 and a beta of 0.77. The firm’s fifty day moving average is $51.23 and its 200 day moving average is $48.74. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.

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

BNP Paribas Company Profile

(Get Free Report)

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.

Featured Articles

• Five stocks we like better than BNP Paribas
• A New Focus for GoPro: Is a Takeover in the Frame?
• Palantir’s Critics Are “Right”—But They’re Also Still Wrong
• Chime Finally Turns Profitable—But Risks Remain
• eVTOL Investing: Ditch the Taxi, Buy the Blueprint

Receive News & Ratings for BNP Paribas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNP Paribas and related companies with MarketBeat.com's FREE daily email newsletter.