Société Générale Société anonyme (OTCMKTS:SCGLY) Hits New 12-Month High – Here’s Why

Société Générale Société anonyme (OTCMKTS:SCGLY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $6.19 and last traded at $6.19, with a volume of 613307 shares traded. The stock had previously closed at $5.96.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group raised shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 11th. Citigroup raised shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Société Générale Société anonyme Stock Up 3.9 %

The firm has a market capitalization of $24.77 billion, a PE ratio of 7.46, a PEG ratio of 0.11 and a beta of 1.33. The firm’s fifty day simple moving average is $5.61 and its 200-day simple moving average is $5.24.

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.