Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) Short Interest Down 62.5% in March

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 300 shares, a decline of 62.5% from the March 15th total of 800 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 86,800 shares, the short-interest ratio is currently 0.0 days.

Galp Energia, SGPS Trading Down 3.2 %

Shares of GLPEY traded down $0.23 during trading hours on Tuesday, hitting $7.00. 110,536 shares of the stock traded hands, compared to its average volume of 72,109. The business has a fifty day moving average of $8.03 and a 200-day moving average of $8.42. The firm has a market capitalization of $9.74 billion, a PE ratio of 7.45 and a beta of 0.24. Galp Energia, SGPS has a 1-year low of $6.76 and a 1-year high of $11.05. The company has a current ratio of 1.64, a quick ratio of 1.40 and a debt-to-equity ratio of 0.54.

Galp Energia, SGPS Company Profile

Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.