Société Générale Société anonyme (OTCMKTS:SCGLY) Reaches New 12-Month High – Should You Buy?

Shares of Société Générale Société anonyme (OTCMKTS:SCGLY) hit a new 52-week high on Monday . The company traded as high as $8.41 and last traded at $8.31, with a volume of 1202885 shares trading hands. The stock had previously closed at $8.16.

Analyst Ratings Changes

A number of brokerages have commented on SCGLY. The Goldman Sachs Group upgraded shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 11th. Barclays upgraded shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Four investment analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Société Générale Société anonyme Stock Up 1.8 %

The company has a 50-day moving average of $6.67 and a 200-day moving average of $5.74. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.61. The company has a market capitalization of $33.25 billion, a price-to-earnings ratio of 8.31, a price-to-earnings-growth ratio of 0.26 and a beta of 1.34.

Société Générale Société anonyme (OTCMKTS:SCGLY) last posted its quarterly earnings data on Thursday, February 6th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.03. Société Générale Société anonyme had a net margin of 14.96% and a return on equity of 4.49%. On average, equities analysts predict that Société Générale Société anonyme will post 1.14 earnings per share for the current fiscal year.

About Société Générale Société anonyme

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.