BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 43,710 shares, a growth of 85.3% from the June 30th total of 23,592 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 438,910 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of BNP Paribas in a research note on Monday. Citigroup restated a “buy” rating on shares of BNP Paribas in a research report on Monday, July 20th. Kepler Capital Markets raised shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Finally, DZ Bank upgraded BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

BNP Paribas Trading Up 0.4%

Shares of BNPQY opened at $63.23 on Friday. BNP Paribas has a 52-week low of $37.50 and a 52-week high of $63.49. The stock has a market cap of $139.31 billion, a PE ratio of 9.37, a price-to-earnings-growth ratio of 0.62 and a beta of 0.77. The firm’s fifty day moving average is $57.28 and its two-hundred day moving average is $54.03. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.24.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.24. The business had revenue of $16.38 billion during the quarter, compared to analysts’ expectations of $15.44 billion. BNP Paribas had a net margin of 25.22% and a return on equity of 10.50%. Research analysts forecast that BNP Paribas will post 6.67 earnings per share for the current fiscal year.

About BNP Paribas

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.