Repsol (OTCMKTS:REPYY) Shares Gap Up – Here’s Why

Repsol SA (OTCMKTS:REPYY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $26.34, but opened at $27.90. Repsol shares last traded at $27.67, with a volume of 13,629 shares traded.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on REPYY. The Goldman Sachs Group upgraded shares of Repsol from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Zacks Research downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. HSBC upgraded shares of Repsol from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. DZ Bank raised shares of Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Finally, Morgan Stanley raised shares of Repsol from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 24th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Repsol presently has a consensus rating of “Buy”.

Repsol Price Performance

The firm has a market capitalization of $30.50 billion, a price-to-earnings ratio of 11.04, a PEG ratio of 0.29 and a beta of 0.01. The business’s fifty day simple moving average is $26.12 and its 200 day simple moving average is $22.72. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.54 and a quick ratio of 1.15.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings data on Thursday, April 30th. The energy company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The business had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. Repsol had a net margin of 4.40% and a return on equity of 11.52%. On average, research analysts forecast that Repsol SA will post 4.7 EPS for the current year.

Repsol Company Profile

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.