Repsol (OTCMKTS:REPYY) Shares Down 5.8% – Here’s Why

Repsol SA (OTCMKTS:REPYY) fell 5.8% during mid-day trading on Thursday . The stock traded as low as $18.35 and last traded at $18.3550. 7,641 shares were traded during mid-day trading, a decline of 88% from the average session volume of 63,272 shares. The stock had previously closed at $19.49.

Analyst Ratings Changes

A number of analysts have recently issued reports on REPYY shares. Zacks Research downgraded shares of Repsol from a “hold” rating to a “strong sell” rating in a report on Monday. Royal Bank Of Canada lowered shares of Repsol from a “sector perform” rating to an “underperform” rating in a research note on Thursday. DZ Bank downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Jefferies Financial Group raised Repsol from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. Finally, Barclays reaffirmed an “overweight” rating on shares of Repsol in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Repsol has a consensus rating of “Hold”.

Repsol Trading Down 6.2%

The stock has a market capitalization of $21.16 billion, a PE ratio of 17.09, a PEG ratio of 5.11 and a beta of 0.25. The stock’s 50 day moving average price is $18.89 and its 200-day moving average price is $17.33. The company has a quick ratio of 1.05, a current ratio of 1.47 and a debt-to-equity ratio of 0.45.

Repsol (OTCMKTS:REPYY) last issued its earnings results on Thursday, October 30th. The energy company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.08. The company had revenue of $15.02 billion during the quarter, compared to the consensus estimate of $15.28 billion. Repsol had a net margin of 2.12% and a return on equity of 10.18%. On average, sell-side analysts expect that Repsol SA will post 2.36 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.