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

Repsol SA (OTCMKTS:REPYY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $29.10 and last traded at $29.05, with a volume of 5231 shares changing hands. The stock had previously closed at $28.49.

Analysts Set New Price Targets

REPYY has been the subject of a number of research reports. Santander raised Repsol to an “outperform” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group raised Repsol from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Finally, Zacks Research cut shares of Repsol from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Repsol Stock Performance

The company has a market capitalization of $33.37 billion, a price-to-earnings ratio of 12.08, a PEG ratio of 0.34 and a beta of 0.03. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.54 and a quick ratio of 1.15. The stock has a 50 day simple moving average of $26.30 and a two-hundred day simple moving average of $24.38.

Repsol (OTCMKTS:REPYY) last released its quarterly earnings data on Thursday, July 23rd. The energy company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by ($1.34). Repsol had a return on equity of 11.52% and a net margin of 4.40%. As a group, analysts anticipate that Repsol SA will post 4.43 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.