Credit Agricole SA (OTCMKTS:CRARY) Short Interest Update

Credit Agricole SA (OTCMKTS:CRARY) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 92 shares, a decrease of 98.6% from the May 31st total of 6,762 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 955,891 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods raised Credit Agricole from a “moderate sell” rating to a “hold” rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Credit Agricole Stock Performance

CRARY stock opened at $9.92 on Friday. The company has a 50 day moving average price of $9.81 and a 200 day moving average price of $10.03. Credit Agricole has a fifty-two week low of $8.80 and a fifty-two week high of $11.33. The company has a debt-to-equity ratio of 5.79, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a market capitalization of $60.03 billion, a PE ratio of 8.27 and a beta of 0.66.

Credit Agricole (OTCMKTS:CRARY) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. The firm had revenue of $8.18 billion for the quarter, compared to analyst estimates of $8.25 billion. Credit Agricole had a return on equity of 24.26% and a net margin of 24.36%. Analysts forecast that Credit Agricole will post 1.31 EPS for the current year.

About Credit Agricole

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.