Repsol SA (OTCMKTS:REPYY) Sees Large Decrease in Short Interest

Repsol SA (OTCMKTS:REPYY) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 79,976 shares, a decline of 51.1% from the May 31st total of 163,550 shares. Based on an average daily volume of 210,460 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on REPYY shares. Wall Street Zen raised Repsol from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 5th. The Goldman Sachs Group raised Repsol from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Royal Bank Of Canada raised Repsol from an “underperform” rating to an “outperform” rating in a research note on Thursday, March 12th. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Finally, Morgan Stanley raised shares of Repsol from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 24th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Repsol presently has an average rating of “Buy”.

Repsol Trading Up 1.7%

Shares of OTCMKTS:REPYY traded up $0.41 during midday trading on Tuesday, reaching $25.07. The company’s stock had a trading volume of 90,304 shares, compared to its average volume of 127,672. Repsol has a fifty-two week low of $14.52 and a fifty-two week high of $29.08. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.15 and a current ratio of 1.54. The firm has a 50 day moving average price of $25.72 and a two-hundred day moving average price of $23.30. The firm has a market capitalization of $27.71 billion, a price-to-earnings ratio of 10.03, a PEG ratio of 0.31 and a beta of 0.02.

Repsol (OTCMKTS:REPYY) last issued its earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The business had revenue of $18.14 billion during the quarter, compared to the consensus estimate of $20.33 billion. Repsol had a return on equity of 11.52% and a net margin of 4.40%. As a group, analysts forecast that Repsol will post 4.22 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.