Repsol (OTCMKTS:REPYY) Shares Gap Down – Should You Sell?

Shares of Repsol SA (OTCMKTS:REPYY – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $27.36, but opened at $26.12. Repsol shares last traded at $26.47, with a volume of 24,260 shares changing hands.

Wall Street Analysts Forecast Growth

REPYY has been the topic of a number of research reports. Royal Bank Of Canada upgraded Repsol from an “underperform” rating to an “outperform” rating in a report on Thursday, March 12th. DZ Bank upgraded Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. The Goldman Sachs Group upgraded Repsol from a “buy” rating to a “buy” rating in a report on Thursday, April 30th. Finally, Wall Street Zen upgraded Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. Two equities research 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. According to data from MarketBeat, Repsol currently has a consensus rating of “Buy”.

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Repsol Stock Down 3.8%

The business has a fifty day moving average of $26.10 and a 200 day moving average of $22.78. The stock has a market cap of $29.09 billion, a price-to-earnings ratio of 10.53, a P/E/G ratio of 0.29 and a beta of 0.01. 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 – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The energy company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.01). Repsol had a net margin of 4.40% and a return on equity of 11.52%. The company had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. On average, equities analysts predict that Repsol SA will post 4.7 earnings per share for the current year.

About Repsol

(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.

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