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

Repsol SA (OTCMKTS:REPYY) shares 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 traded.

Analyst Upgrades and Downgrades

REPYY has been the subject of several research reports. Morgan Stanley upgraded Repsol from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 24th. The Goldman Sachs Group upgraded Repsol from a “buy” rating to a “buy” rating in a research report on Thursday, April 30th. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. Wall Street Zen upgraded Repsol from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Finally, Royal Bank Of Canada upgraded Repsol from an “underperform” rating to an “outperform” rating in a research report on Thursday, March 12th. 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.com, Repsol currently has a consensus rating of “Buy”.

Repsol Price Performance

The stock has a 50 day simple moving average of $26.09 and a two-hundred day simple moving average of $22.81. The company has a market cap of $29.17 billion, a price-to-earnings ratio of 10.56, a price-to-earnings-growth 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) last released its quarterly earnings data 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). The company had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. Repsol had a return on equity of 11.52% and a net margin of 4.40%. On average, equities research analysts predict that Repsol SA will post 4.7 earnings per share for the current fiscal year.

About Repsol

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.