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

Repsol SA (OTCMKTS:REPYY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $31.12, but opened at $32.13. Repsol shares last traded at $31.96, with a volume of 10,165 shares.

Analyst Upgrades and Downgrades

A number of research firms have commented on REPYY. Barclays reissued an “overweight” rating on shares of Repsol in a report on Friday, July 24th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Repsol in a research note on Friday, July 24th. Citigroup reiterated a “buy” rating on shares of Repsol in a research report on Friday, July 24th. The Goldman Sachs Group reissued a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Finally, Zacks Research raised Repsol from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Repsol Stock Up 1.5%

The company has a market capitalization of $35.35 billion, a PE ratio of 12.59, a PEG ratio of 0.28 and a beta of 0.02. The company’s 50 day moving average is $27.54 and its two-hundred day moving average is $25.71.

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.