Company Overview - Societe Generale Group (SCGLY) currently holds a Momentum Style Score of B, indicating potential for strong performance in the momentum investing strategy [3][12] - The company has a Zacks Rank of 2 (Buy), which is associated with a historical track record of outperforming the market [4][12] Price Performance - SCGLY shares have increased by 2.77% over the past week, significantly outperforming the Zacks Banks - Foreign industry, which rose by only 0.26% [6] - Over the past quarter, SCGLY shares have surged by 55.35%, and over the last year, they have gained 77.46%, while the S&P 500 has seen movements of -3.53% and 16.51% respectively [7] Trading Volume - The average 20-day trading volume for SCGLY is 653,279 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for SCGLY has been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from 1.18 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10]
What Makes Societe Generale Group (SCGLY) a Strong Momentum Stock: Buy Now?