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

Shares of Repsol SA (OTCMKTS:REPYY – Get Free Report) 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

A number of analysts have recently commented on REPYY shares. The Goldman Sachs Group upgraded Repsol from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Morgan Stanley raised Repsol from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 24th. HSBC raised shares of Repsol from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. Wall Street Zen raised shares of Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. Finally, Zacks Research cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

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Repsol Trading Up 1.9%

The firm has a market capitalization of $26.92 billion, a PE ratio of 9.74, a P/E/G ratio of 0.27 and a beta of 0.01. The company’s fifty day simple moving average is $25.73 and its 200-day simple moving average is $23.19. 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 issued its quarterly earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $20.33 billion. As a group, sell-side analysts expect that Repsol SA will post 4.7 earnings per share for the current fiscal year.

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.

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