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

Repsol SA (OTCMKTS:REPYY) shares gapped down before the market opened on Thursday . The stock had previously closed at $18.92, but opened at $18.38. Repsol shares last traded at $18.22, with a volume of 12,604 shares changing hands.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Barclays reissued an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. Jefferies Financial Group upgraded Repsol from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. DZ Bank downgraded shares of Repsol from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Zacks Research lowered shares of Repsol from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Finally, Royal Bank Of Canada downgraded shares of Repsol from a “sector perform” rating to an “underperform” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Repsol presently has a consensus rating of “Hold”.

Repsol Stock Down 2.5%

The company has a quick ratio of 1.05, a current ratio of 1.47 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $21.34 billion, a price-to-earnings ratio of 17.23, a P/E/G ratio of 4.98 and a beta of 0.25. The stock has a 50 day moving average of $18.81 and a 200 day moving average of $17.45.

Repsol (OTCMKTS:REPYY) last released its earnings results on Thursday, October 30th. The energy company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. Repsol had a return on equity of 10.18% and a net margin of 2.12%.The company had revenue of $15.02 billion for the quarter, compared to the consensus estimate of $15.28 billion. As a group, 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.