Credit Agricole SA (OTCMKTS:CRARY) Short Interest Update

Credit Agricole SA (OTCMKTS:CRARY) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 9,286 shares, a drop of 50.2% from the August 15th total of 18,640 shares. Based on an average daily volume of 84,063 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

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

Credit Agricole Stock Performance

OTCMKTS CRARY opened at $10.64 on Tuesday. Credit Agricole has a twelve month low of $8.80 and a twelve month high of $11.66. The stock has a market cap of $65.07 billion, a PE ratio of 9.50 and a beta of 0.64. The stock has a fifty day simple moving average of $10.75 and a 200-day simple moving average of $10.13. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 5.79.

Credit Agricole (OTCMKTS:CRARY) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.01). Credit Agricole had a return on equity of 31.64% and a net margin of 23.39%.The company had revenue of $8.47 billion during the quarter, compared to analyst estimates of $7.99 billion. Equities analysts anticipate that Credit Agricole will post 1.34 earnings per share for the current year.

Credit Agricole Company Profile

Credit Agricole SA is the listed holding company of the Credit Agricole Group, a diversified French banking and financial services group. Its activities include retail banking, corporate and investment banking, asset management, insurance, consumer finance, specialized financial services and payment solutions.

Through its regional cooperative banks and subsidiaries, Credit Agricole serves individuals, farmers, small and medium-sized businesses, large corporations, institutional investors and public-sector clients.