Repsol SA (OTCMKTS:REPYY) Sees Significant Increase in Short Interest

Repsol SA (OTCMKTS:REPYY) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 24,550 shares, a growth of 714.5% from the April 15th total of 3,014 shares. Based on an average daily volume of 300,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Several research firms have weighed in on REPYY. Royal Bank Of Canada upgraded shares of Repsol from an “underperform” rating to an “outperform” rating in a report on Thursday, March 12th. The Goldman Sachs Group raised shares of Repsol from a “buy” rating to a “buy” rating in a research report on Thursday, April 30th. DZ Bank upgraded Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. JPMorgan Chase & Co. lowered Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Morgan Stanley raised Repsol from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 24th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Repsol currently has a consensus rating of “Buy”.

Repsol Trading Up 0.1%

Shares of REPYY traded up $0.03 during midday trading on Tuesday, hitting $26.48. 30,062 shares of the stock were exchanged, compared to its average volume of 131,231. Repsol has a 52-week low of $12.90 and a 52-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 stock has a fifty day simple moving average of $25.96 and a 200 day simple moving average of $21.53. The firm has a market cap of $29.26 billion, a P/E ratio of 10.59, a P/E/G ratio of 0.28 and a beta of 0.03.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The business had revenue of $18.14 billion for the quarter, compared to analysts’ expectations of $20.33 billion. Repsol had a return on equity of 11.52% and a net margin of 4.40%. On average, research analysts anticipate that Repsol will post 4.7 EPS for the current fiscal year.

Repsol Company Profile

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.