Repsol (OTCMKTS:REPYY) Sees Strong Trading Volume – Still a Buy?

Repsol SA (OTCMKTS:REPYY) shares saw an uptick in trading volume on Wednesday . 155,602 shares were traded during mid-day trading, an increase of 45% from the previous session’s volume of 107,644 shares.The stock last traded at $23.65 and had previously closed at $24.28.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on REPYY. JPMorgan Chase & Co. downgraded Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Jefferies Financial Group raised shares of Repsol from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. Zacks Research lowered Repsol from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. DZ Bank upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Finally, Barclays restated an “overweight” rating on shares of Repsol in a report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Repsol Price Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.47. The company’s fifty day moving average price is $19.80 and its 200 day moving average price is $18.51. The firm has a market capitalization of $25.98 billion, a price-to-earnings ratio of 12.63, a price-to-earnings-growth ratio of 0.84 and a beta of 0.19.

Repsol (OTCMKTS:REPYY) last released its quarterly earnings data on Thursday, February 19th. The energy company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. The business had revenue of $14.91 billion during the quarter, compared to analyst estimates of $14 billion. Repsol had a return on equity of 10.55% and a net margin of 3.49%. Equities research analysts expect that Repsol SA will post 2.36 earnings per share for the current 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.