Repsol (OTCMKTS:REPYY) Reaches New 52-Week Low – Here’s Why

Repsol, S.A. (OTCMKTS:REPYY)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $12.09 and last traded at $12.18, with a volume of 320700 shares. The stock had previously closed at $12.33.

Analysts Set New Price Targets

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

Repsol Stock Performance

The firm has a 50 day moving average of $12.93 and a 200-day moving average of $14.30. 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 company has a market cap of $14.86 billion, a P/E 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 (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.15). Repsol had a return on equity of 13.09% and a net margin of 3.74%. The business had revenue of $14.95 billion for the quarter. As a group, sell-side analysts anticipate that Repsol, S.A. will post 3.26 EPS for the current fiscal year.

About Repsol

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.