Credit Agricole (OTCMKTS:CRARY) Reaches New 52-Week High – Time to Buy?

Credit Agricole SA (OTCMKTS:CRARYGet Free Report)’s stock price reached a new 52-week high on Friday . The company traded as high as $10.38 and last traded at $10.36, with a volume of 13701 shares. The stock had previously closed at $10.2335.

Wall Street Analyst Weigh In

CRARY has been the topic of several recent research reports. Zacks Research lowered shares of Credit Agricole from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Credit Agricole in a report on Friday, December 19th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Read Our Latest Research Report on CRARY

Credit Agricole Stock Performance

The stock has a market cap of $62.88 billion, a PE ratio of 7.99 and a beta of 0.67. The company’s 50-day moving average price is $9.65 and its 200 day moving average price is $9.54.

Credit Agricole (OTCMKTS:CRARYGet Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. Credit Agricole had a return on equity of 37.56% and a net margin of 27.03%.

Credit Agricole Company Profile

(Get Free Report)

Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.

The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.

Further Reading

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