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

Repsol SA (OTCMKTS:REPYY) gapped down prior to trading on Thursday . The stock had previously closed at $24.90, but opened at $23.85. Repsol shares last traded at $23.9840, with a volume of 5,790 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on REPYY shares. Royal Bank Of Canada raised shares of Repsol from an “underperform” rating to an “outperform” rating in a research note on Thursday, March 12th. The Goldman Sachs Group raised shares of Repsol from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Wall Street Zen upgraded shares of Repsol from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Zacks Research cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Morgan Stanley upgraded shares of Repsol from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 24th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Repsol presently has a consensus rating of “Buy”.

Repsol Price Performance

The company has a debt-to-equity ratio of 0.41, a current ratio of 1.54 and a quick ratio of 1.15. The stock has a 50 day simple moving average of $25.73 and a two-hundred day simple moving average of $23.19. The company has a market cap of $26.92 billion, a price-to-earnings ratio of 9.74, a price-to-earnings-growth ratio of 0.27 and a beta of 0.01.

Repsol (OTCMKTS:REPYY) last issued its earnings results 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). Repsol had a return on equity of 11.52% and a net margin of 4.40%.The company had revenue of $18.14 billion during the quarter, compared to analyst estimates of $20.33 billion. On average, equities research analysts predict that Repsol SA will post 4.7 earnings per share for the current fiscal 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.