Repsol (OTCMKTS:REPYY) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Repsol SA (OTCMKTS:REPYY)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $27.00 and traded as high as $29.57. Repsol shares last traded at $29.52, with a volume of 40,660 shares changing hands.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Santander upgraded Repsol to an “outperform” rating in a research report on Thursday, July 2nd. Citigroup reaffirmed a “buy” rating on shares of Repsol in a research report on Friday, July 24th. HSBC upgraded shares of Repsol from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. Zacks Research raised shares of Repsol from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Repsol in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Repsol Price Performance

The company’s 50 day moving average price is $27.00 and its 200 day moving average price is $25.13. 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 company has a market cap of $32.63 billion, a price-to-earnings ratio of 11.62, a P/E/G ratio of 0.27 and a beta of 0.02.

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.