Credit Agricole (OTCMKTS:CRARY) Hits New 12-Month High – Should You Buy?

Credit Agricole SA (OTCMKTS:CRARY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $10.2040 and last traded at $10.19, with a volume of 56614 shares traded. The stock had previously closed at $10.11.

Analyst Ratings Changes

CRARY has been the topic of several analyst reports. Keefe, Bruyette & Woods lowered shares of Credit Agricole from a “hold” rating to a “moderate sell” rating in a research note on Thursday, August 21st. Zacks Research cut Credit Agricole from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Credit Agricole Stock Up 0.6%

The business has a 50-day simple moving average of $9.48 and a two-hundred day simple moving average of $9.45. The stock has a market capitalization of $61.55 billion, a price-to-earnings ratio of 7.82 and a beta of 0.69.

Credit Agricole (OTCMKTS:CRARY) last announced its earnings results on Thursday, October 30th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. Credit Agricole had a return on equity of 37.56% and a net margin of 27.03%.

About Credit Agricole

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.