Crédit Agricole S.A. (OTCMKTS:CRARY) Short Interest Update

Crédit Agricole S.A. (OTCMKTS:CRARY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 65,300 shares, a growth of 96.1% from the September 30th total of 33,300 shares. Based on an average daily trading volume, of 317,900 shares, the days-to-cover ratio is presently 0.2 days.

Crédit Agricole Price Performance

CRARY traded down $0.08 during trading hours on Friday, hitting $7.47. 330,467 shares of the stock were exchanged, compared to its average volume of 177,167. The stock has a 50-day simple moving average of $7.66 and a 200-day simple moving average of $7.59. Crédit Agricole has a 12 month low of $5.82 and a 12 month high of $8.65. The stock has a market cap of $45.18 billion, a price-to-earnings ratio of 6.85 and a beta of 1.46.

Crédit Agricole (OTCMKTS:CRARY) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $7.32 billion for the quarter. Crédit Agricole had a return on equity of 7.46% and a net margin of 23.85%. Sell-side analysts expect that Crédit Agricole will post 1.16 EPS for the current year.

Analysts Set New Price Targets

Separately, Barclays upgraded Crédit Agricole to a “hold” rating in a research note on Thursday, July 11th.

Crédit Agricole Company Profile

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.