Galp Energia, SGPS (OTCMKTS:GLPEY) Stock Price Down 1%

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY)’s stock price traded down 1% on Tuesday . The stock traded as low as $9.34 and last traded at $9.37. 55,189 shares traded hands during trading, a decline of 14% from the average session volume of 63,944 shares. The stock had previously closed at $9.46.

Galp Energia, SGPS Stock Down 1.0 %

The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.31 and a current ratio of 1.62. The company has a fifty day moving average of $10.22 and a two-hundred day moving average of $9.86. The company has a market cap of $13.40 billion, a PE ratio of 9.78 and a beta of 0.49.

Galp Energia, SGPS (OTCMKTS:GLPEY) last announced its earnings results on Monday, July 22nd. The energy company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.11. Galp Energia, SGPS had a net margin of 6.32% and a return on equity of 25.06%. The business had revenue of $6.30 billion for the quarter. As a group, analysts anticipate that Galp Energia, SGPS, S.A. will post 0.7 earnings per share for the current fiscal year.

Galp Energia, SGPS Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were given a dividend of $0.1553 per share. The ex-dividend date of this dividend was Monday, August 19th. This is a positive change from Galp Energia, SGPS’s previous dividend of $0.15.

Galp Energia, SGPS Company Profile

Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.