Repsol (OTCMKTS:REPYY) Sets New 52-Week High – Here’s What Happened

Repsol SA (OTCMKTS:REPYY) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $18.8810 and last traded at $18.8810, with a volume of 1552 shares. The stock had previously closed at $18.18.

Analyst Upgrades and Downgrades

REPYY has been the topic of several recent research reports. Wall Street Zen upgraded Repsol from a “hold” rating to a “buy” rating in a report on Friday, August 1st. Royal Bank Of Canada reissued a “sector perform” rating on shares of Repsol in a research report on Friday, October 31st. DZ Bank cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Berenberg Bank upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Finally, Zacks Research downgraded shares of Repsol from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

Repsol Trading Up 1.9%

The firm has a market capitalization of $22.23 billion, a PE ratio of 30.02 and a beta of 0.62. The company has a fifty day moving average price of $17.51 and a two-hundred day moving average price of $15.44.

Repsol (OTCMKTS:REPYY) last released its quarterly earnings results on Thursday, October 30th. The energy company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. Repsol had a return on equity of 9.06% and a net margin of 1.33%.The firm had revenue of $15.02 billion for the quarter, compared to the consensus estimate of $15.28 billion. As a group, equities research analysts predict that Repsol SA will post 2.36 earnings per share for the current 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.