Repsol SA (OTCMKTS:REPYY) Short Interest Up 324.3% in May

Repsol SA (OTCMKTS:REPYY) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 104,166 shares, an increase of 324.3% from the April 30th total of 24,550 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 193,984 shares, the days-to-cover ratio is currently 0.5 days.

Analysts Set New Price Targets

Several analysts have recently weighed in on REPYY shares. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. JPMorgan Chase & Co. lowered Repsol from an “overweight” rating to a “neutral” rating in a report on Tuesday, February 3rd. Royal Bank Of Canada upgraded Repsol from an “underperform” rating to an “outperform” rating in a report on Thursday, March 12th. Wall Street Zen upgraded Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. Finally, Zacks Research upgraded Repsol from a “hold” rating to a “strong-buy” rating in a report on Friday, April 10th. Three research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Repsol Stock Down 0.0%

OTCMKTS:REPYY opened at $25.30 on Friday. The firm has a market capitalization of $27.97 billion, a price-to-earnings ratio of 10.12, a PEG ratio of 0.28 and a beta of 0.03. Repsol has a 1-year low of $13.29 and a 1-year high of $29.08. The company has a current ratio of 1.54, a quick ratio of 1.15 and a debt-to-equity ratio of 0.41. The business’s fifty day moving average price is $26.34 and its 200 day moving average price is $22.26.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01). The business had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. Repsol had a net margin of 4.40% and a return on equity of 11.52%. On average, sell-side analysts forecast that Repsol 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.