Repsol (OTCMKTS:REPYY) Sees Strong Trading Volume – Still a Buy?

Repsol SA (OTCMKTS:REPYYGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 312,741 shares changed hands during trading, an increase of 171% from the previous session’s volume of 115,290 shares.The stock last traded at $32.40 and had previously closed at $32.84.

Wall Street Analyst Weigh In

Several research firms have weighed in on REPYY. Citigroup reiterated a “buy” rating on shares of Repsol in a research note on Wednesday, August 26th. The Goldman Sachs Group restated a “buy” rating on shares of Repsol in a research report on Friday, July 24th. Zacks Research raised shares of Repsol from a “strong sell” rating to a “hold” rating in a research note on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating on shares of Repsol in a research note on Friday, July 24th. Finally, Barclays reiterated an “overweight” rating on shares of Repsol in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Repsol presently has a consensus rating of “Moderate Buy”.

Get Our Latest Analysis on Repsol

Repsol Stock Down 0.6%

The firm has a 50-day moving average of $28.90 and a two-hundred day moving average of $26.65. The stock has a market capitalization of $36.09 billion, a price-to-earnings ratio of 12.85, a price-to-earnings-growth ratio of 0.29 and a beta of 0.02.

Repsol Company Profile

(Get Free Report)

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.

Further Reading

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