Repsol SA (OTCMKTS:REPYY) Sees Significant Growth in Short Interest

Repsol SA (OTCMKTS:REPYY) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 104,166 shares, a growth of 324.3% from the April 30th total of 24,550 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 193,984 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

REPYY has been the subject of several research analyst reports. Zacks Research upgraded Repsol from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Morgan Stanley upgraded Repsol from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 24th. Wall Street Zen raised Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. HSBC raised Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. lowered Repsol from an “overweight” rating to a “neutral” rating in a report on Tuesday, February 3rd. Three analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Repsol presently has a consensus rating of “Buy”.

Repsol Stock Up 2.1%

REPYY opened at $25.82 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.54 and a debt-to-equity ratio of 0.41. The firm has a market cap of $28.54 billion, a P/E ratio of 10.33, a PEG ratio of 0.28 and a beta of 0.03. Repsol has a 52 week low of $13.29 and a 52 week high of $29.08. The business’s fifty day simple moving average is $26.29 and its 200 day simple moving average is $22.29.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings data on Thursday, April 30th. The energy company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The company had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. Repsol had a net margin of 4.40% and a return on equity of 11.52%. As a group, equities research analysts anticipate that Repsol will post 4.7 EPS 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.