Société Générale Société anonyme (OTCMKTS:SCGLY) Share Price Crosses Below 50 Day Moving Average of $5.44

Société Générale Société anonyme (OTCMKTS:SCGLY) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.44 and traded as low as $4.95. Société Générale Société anonyme shares last traded at $5.01, with a volume of 188,170 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SCGLY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Société Générale Société anonyme in a research report on Wednesday, March 27th. Morgan Stanley reissued an “equal weight” rating on shares of Société Générale Société anonyme in a report on Monday, March 25th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Société Générale Société anonyme Trading Up 2.2 %

The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 3.73. The stock has a market capitalization of $20.11 billion, a P/E ratio of 10.66, a PEG ratio of 0.10 and a beta of 1.43. The firm’s 50-day simple moving average is $5.44 and its 200 day simple moving average is $5.28.

Société Générale Société anonyme (OTCMKTS:SCGLY) last announced its quarterly earnings data on Friday, May 3rd. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.13. Société Générale Société anonyme had a net margin of 8.35% and a return on equity of 3.60%. The company had revenue of $7.21 billion for the quarter. Equities research analysts anticipate that Société Générale Société anonyme will post 1.01 EPS for the current fiscal year.

Société Générale Société anonyme Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 13th. Stockholders of record on Friday, May 24th were given a dividend of $0.194 per share. The ex-dividend date was Thursday, May 23rd. Société Générale Société anonyme’s dividend payout ratio (DPR) is presently 27.66%.

Société Générale Société anonyme Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.