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

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

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Royal Bank Of Canada upgraded shares of Repsol from an “underperform” rating to an “outperform” rating in a report on Thursday, March 12th. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. 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 shares of Repsol from a “buy” rating to a “buy” rating in a report on Thursday, April 30th. Finally, Zacks Research cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Repsol has a consensus rating of “Buy”.

Repsol Trading Up 1.6%

Shares of Repsol stock opened at $25.05 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.15 and a current ratio of 1.54. Repsol has a fifty-two week low of $14.52 and a fifty-two week high of $29.08. The company has a fifty day moving average of $25.75 and a 200 day moving average of $23.34. The company has a market capitalization of $27.69 billion, a P/E ratio of 10.02, a P/E/G ratio of 0.32 and a beta of 0.01.

Repsol (OTCMKTS:REPYY) last released its earnings results on Thursday, April 30th. The energy company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.01). Repsol had a return on equity of 11.52% and a net margin of 4.40%.The company had revenue of $18.14 billion during the quarter, compared to analysts’ expectations of $20.33 billion. On average, sell-side analysts anticipate that Repsol will post 4.22 earnings per share 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.