Société Générale Société anonyme (OTCMKTS:SCGLY) Shares Cross Below 50 Day Moving Average of $5.21

Posted by Stacy Sanders on Aug 3rd, 2024

Société Générale Société anonyme (OTCMKTS:SCGLY – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.21 and traded as low as $4.73. Société Générale Société anonyme shares last traded at $4.74, with a volume of 600,302 shares traded.

Société Générale Société anonyme Stock Performance

The stock has a 50-day moving average of $5.18 and a 200-day moving average of $5.24. The firm has a market cap of $18.23 billion, a price-to-earnings ratio of 9.66, a price-to-earnings-growth ratio of 0.10 and a beta of 1.43. The company has a debt-to-equity ratio of 3.73, a quick ratio of 1.39 and a current ratio of 1.39.

Société Générale Société anonyme (OTCMKTS:SCGLY – Get Free Report) last announced its earnings results on Thursday, August 1st. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Société Générale Société anonyme had a return on equity of 3.30% and a net margin of 9.04%. The business had revenue of $7.20 billion for the quarter. As a group, analysts anticipate that Société Générale Société anonyme will post 0.92 EPS for the current fiscal year.

Société Générale Société anonyme Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 13th. Shareholders of record on Friday, May 24th were paid a $0.194 dividend. The ex-dividend date was Thursday, May 23rd. Société Générale Société anonyme’s dividend payout ratio is 25.53%.

About Société Générale Société anonyme

(Get Free Report)

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.