Repsol (OTCMKTS:REPYY) Stock Price Passes Below 50 Day Moving Average of $13.98

Repsol, S.A. (OTCMKTS:REPYY – Get Rating)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.98 and traded as low as $11.81. Repsol shares last traded at $12.05, with a volume of 154,732 shares.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on REPYY. HSBC upgraded shares of Repsol from a “hold” rating to a “buy” rating in a report on Wednesday, May 18th. Deutsche Bank Aktiengesellschaft increased their price objective on Repsol from €15.90 ($16.39) to €16.80 ($17.32) and gave the company a “buy” rating in a report on Wednesday, July 6th. Barclays increased their price objective on Repsol from €14.50 ($14.95) to €16.00 ($16.49) in a report on Friday, April 29th. JPMorgan Chase & Co. decreased their price objective on Repsol from €17.50 ($18.04) to €16.50 ($17.01) in a report on Friday, July 15th. Finally, Citigroup increased their price objective on Repsol to €15.20 ($15.67) in a report on Friday, April 22nd. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $15.90.

Repsol Stock Up 0.9 %

The company has a quick ratio of 0.94, a current ratio of 1.34 and a debt-to-equity ratio of 0.42. The firm has a market cap of $18.40 billion, a P/E ratio of 4.23, a PEG ratio of 0.36 and a beta of 0.72. The stock’s 50-day simple moving average is $13.98 and its 200 day simple moving average is $13.82.

Repsol Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 14th. Shareholders of record on Wednesday, July 6th were given a dividend of $0.277 per share. The ex-dividend date of this dividend was Tuesday, July 5th. This represents a yield of 3.68%. This is a boost from Repsol’s previous dividend of $0.26. Repsol’s dividend payout ratio is 18.25%.

Repsol Company Profile

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Repsol, SA operates as an integrated energy company worldwide. Its Exploration and Production segment engages in the exploration, development, and production of crude oil and natural gas reserves. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading and transportation of crude oil and oil products; and the sale, transportation, and regasification of natural gas and liquefied natural gas (LNG).