Repsol (OTCMKTS:REPYY) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Repsol, S.A. (OTCMKTS:REPYY)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.47 and traded as low as $11.13. Repsol shares last traded at $11.17, with a volume of 368,347 shares traded.

Wall Street Analysts Forecast Growth

REPYY has been the subject of several recent analyst reports. UBS Group cut Repsol from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 21st. BNP Paribas downgraded Repsol from a “neutral” rating to an “underperform” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Repsol Price Performance

The stock has a market cap of $12.93 billion, a price-to-earnings ratio of 7.25 and a beta of 0.48. The company has a current ratio of 1.48, a quick ratio of 1.05 and a debt-to-equity ratio of 0.35. The company’s fifty day moving average is $12.47 and its two-hundred day moving average is $12.39.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings data on Thursday, February 20th. The energy company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.22. Repsol had a return on equity of 11.40% and a net margin of 3.10%. The firm had revenue of $14.28 billion for the quarter. As a group, research analysts predict that Repsol, S.A. will post 2.36 earnings per share for the current year.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.