Short Interest in Repsol, S.A. (OTCMKTS:REPYY) Grows By 188.7%

Repsol, S.A. (OTCMKTS:REPYY) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 179,600 shares, a growth of 188.7% from the October 15th total of 62,200 shares. Based on an average daily volume of 319,000 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Several research firms have recently weighed in on REPYY. UBS Group upgraded Repsol to a “hold” rating in a research report on Monday, September 16th. Citigroup raised Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. BNP Paribas cut Repsol from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Morgan Stanley cut Repsol from an “overweight” rating to an “equal weight” rating in a research note on Thursday, August 29th. Finally, Sanford C. Bernstein raised Repsol from a “hold” rating to a “strong-buy” rating in a report on Monday, September 23rd. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Repsol Price Performance

Shares of REPYY traded up $0.02 on Friday, reaching $12.21. The stock had a trading volume of 291,165 shares, compared to its average volume of 215,653. Repsol has a twelve month low of $11.94 and a twelve month high of $17.61. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.30. The firm has a 50-day moving average of $12.91 and a 200 day moving average of $14.29. The firm has a market capitalization of $14.86 billion, a PE ratio of 6.43 and a beta of 0.74.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings results on Thursday, October 31st. The energy company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). The business had revenue of $14.95 billion for the quarter. Repsol had a return on equity of 13.09% and a net margin of 3.74%. Sell-side analysts expect that Repsol will post 3.26 EPS for the current year.

Repsol Company Profile

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.