BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQYGet Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 148,604 shares, an increase of 77.6% from the August 15th total of 83,664 shares. Based on an average daily trading volume, of 357,910 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

BNP Paribas Price Performance

Shares of BNPQY opened at $58.72 on Wednesday. The firm has a fifty day moving average price of $61.10 and a 200 day moving average price of $55.91. The stock has a market cap of $129.36 billion, a PE ratio of 8.70, a price-to-earnings-growth ratio of 0.59 and a beta of 0.76. BNP Paribas has a 1-year low of $37.50 and a 1-year high of $65.50. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.76 and a quick ratio of 0.76.

BNP Paribas (OTCMKTS:BNPQYGet Free Report) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.24. The business had revenue of $16.38 billion during the quarter, compared to the consensus estimate of $15.44 billion. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%. As a group, sell-side analysts anticipate that BNP Paribas will post 6.72 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on BNPQY. DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Citigroup reissued a “buy” rating on shares of BNP Paribas in a research report on Monday, July 20th. Kepler Capital Markets upgraded BNP Paribas from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, BNP Paribas presently has an average rating of “Moderate Buy”.

View Our Latest Report on BNP Paribas

BNP Paribas Company Profile

(Get Free Report)

BNP Paribas is a diversified European banking group headquartered in Paris, France. The company provides banking and financial services to individual customers, small and medium-sized businesses, corporations, institutional investors and public-sector organizations. Its activities include retail and commercial banking, consumer finance, commercial real estate, insurance, asset management, wealth management, securities services and investment banking.

BNP Paribas organizes its operations into three principal business divisions: Commercial, Personal Banking & Services; Commercial, Corporate & Institutional Banking; and Investment & Protection Services.

Further Reading

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