Societe Generale (OTCMKTS:SCGLY) Sets New 12-Month Low at $4.73

Societe Generale SA (OTCMKTS:SCGLY) hit a new 52-week low on Monday . The company traded as low as $4.73 and last traded at $4.75, with a volume of 66182 shares trading hands. The stock had previously closed at $4.76.

SCGLY has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Societe Generale from a “sell” rating to a “hold” rating in a research note on Wednesday, March 27th. HSBC reiterated a “hold” rating on shares of Societe Generale in a research note on Friday, March 1st. Jefferies Financial Group cut Societe Generale from a “buy” rating to a “hold” rating in a research note on Tuesday, February 26th. ValuEngine cut Societe Generale from a “sell” rating to a “strong sell” rating in a research note on Friday, March 1st. Finally, Bank of America reiterated an “underperform” rating on shares of Societe Generale in a research note on Wednesday, April 3rd. Five research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $44.50.

The company has a market capitalization of $19.23 billion, a PE ratio of 4.09 and a beta of 1.11. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.42 and a quick ratio of 1.42.

Societe Generale (OTCMKTS:SCGLY) last announced its quarterly earnings data on Friday, May 3rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.09. Societe Generale had a return on equity of 6.16% and a net margin of 14.59%. The firm had revenue of $7.03 billion during the quarter, compared to analysts’ expectations of $6.99 billion. As a group, analysts forecast that Societe Generale SA will post 0.76 EPS for the current fiscal year.

The company also recently disclosed an annual dividend, which will be paid on Monday, July 8th. Stockholders of record on Friday, May 24th will be paid a $0.40 dividend. This represents a dividend yield of 6.7%. The ex-dividend date of this dividend is Thursday, May 23rd. Societe Generale’s payout ratio is 28.45%.

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Societe Generale Company Profile (OTCMKTS:SCGLY)

Société Générale Société anonyme provides financial services in Europe and internationally. Its primary businesses include French retail banking; international retail banking, insurance, and financial services; and global banking and investor solutions. The company offers retail banking services to individual customers, professionals, and businesses and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama Banque brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.

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