Repsol (OTCMKTS:REPYY) Shares Gap Down – What’s Next?

Shares of Repsol SA (OTCMKTS:REPYY) gapped down prior to trading on Tuesday . The stock had previously closed at $19.45, but opened at $18.74. Repsol shares last traded at $18.88, with a volume of 5,747 shares.

Wall Street Analysts Forecast Growth

REPYY has been the topic of a number of research reports. Zacks Research downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. Barclays reissued an “overweight” rating on shares of Repsol in a report on Friday, December 12th. Jefferies Financial Group raised Repsol from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. DZ Bank lowered shares of Repsol from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Repsol in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Repsol Stock Down 2.7%

The business has a 50-day moving average of $18.86 and a 200 day moving average of $17.29. The company has a market capitalization of $21.90 billion, a PE ratio of 17.69, a P/E/G ratio of 2.50 and a beta of 0.25. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.47 and a quick ratio of 1.05.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings data on Thursday, October 30th. The energy company reported $0.82 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $15.28 billion. Equities research analysts predict that Repsol SA will post 2.36 earnings per share for the current 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.