Credit Agricole (OTCMKTS:CRARY – Get Free Report) posted its earnings results on Friday. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.01), Zacks reports. Credit Agricole had a return on equity of 32.35% and a net margin of 24.36%.
Credit Agricole Stock Performance
Credit Agricole stock traded up $0.28 during trading on Friday, hitting $11.08. The stock had a trading volume of 440,160 shares, compared to its average volume of 242,577. Credit Agricole has a 1 year low of $8.80 and a 1 year high of $11.33. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 5.79. The stock’s 50 day moving average is $9.89 and its two-hundred day moving average is $10.03. The stock has a market cap of $67.05 billion, a price-to-earnings ratio of 9.23 and a beta of 0.66.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Credit Agricole in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Credit Agricole presently has an average rating of “Hold”.
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.
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