Credit Agricole SA (OTCMKTS:CRARY) Sees Large Growth in Short Interest

Credit Agricole SA (OTCMKTS:CRARY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 4,241 shares, an increase of 4,509.8% from the June 15th total of 92 shares. Based on an average daily volume of 665,952 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Credit Agricole Stock Up 0.7%

OTCMKTS CRARY traded up $0.07 during trading hours on Friday, hitting $9.95. The company had a trading volume of 57,068 shares, compared to its average volume of 229,655. The firm’s 50 day moving average is $9.77 and its 200 day moving average is $10.02. The company has a debt-to-equity ratio of 5.79, a current ratio of 1.55 and a quick ratio of 1.55. Credit Agricole has a fifty-two week low of $8.80 and a fifty-two week high of $11.33. The company has a market capitalization of $60.22 billion, a price-to-earnings ratio of 8.23 and a beta of 0.66.

Credit Agricole (OTCMKTS:CRARY) last issued its earnings results on Thursday, April 30th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.01. The company had revenue of $8.18 billion during the quarter, compared to the consensus estimate of $8.25 billion. Credit Agricole had a return on equity of 24.26% and a net margin of 24.36%. Sell-side analysts anticipate that Credit Agricole will post 1.31 earnings per share for the current fiscal year.

Credit Agricole Company Profile

Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.

The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.