Société Générale Société anonyme (OTCMKTS:SCGLY) Share Price Passes Below 50-Day Moving Average of $4.89

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report)'s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $4.89 and traded as low as $4.73. Société Générale Société anonyme shares last traded at $4.75, with a volume of 401,879 shares.Analysts Set New Price TargetsSeparately, Berenberg Bank raised shares of Société Générale Société anonyme to a "hold" rating in a research report on Monday, August 5th. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has an average rating of "Hold".Get Our Latest Report on SCGLYSociété Générale Société anonyme Stock PerformanceThe company has a market cap of $19.29 billion, a P/E ratio of 10.11, a PEG ratio of 0.10 and a beta of 1.43. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 3.73. The company has a 50 day moving average price of $4.89 and a 200-day moving average price of $5.19. Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.25 earnings per share for the quarter. The business had revenue of $7.20 billion during the quarter. Société Générale Société anonyme had a net margin of 9.04% and a return on equity of 3.30%. Equities analysts expect that Société Générale Société anonyme will post 0.9 EPS for the current fiscal year. Société Générale Société anonyme Company Profile (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.Featured ArticlesFive stocks we like better than Société Générale Société anonymeWhat is the Nikkei 225 index? Advance Auto Parts Eyes Long-Term Growth Despite Q2 HurdlesManufacturing Stocks InvestingToll Brothers Stock Up on Q3 Beat: Luxury Homes Drive GrowthWhat Does Downgrade Mean in Investing?4 No-Brainer Stocks to Hold This Fall for Steady GainsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ AI Caught “Red-Handed” Attempting Insider Trade (From Altimetry) (Ad)Should you invest $1,000 in Société Générale Société anonyme right now?Before you consider Société Générale Société anonyme, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Société Générale Société anonyme wasn't on the list.While Société Générale Société anonyme currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here