Repsol (OTCMKTS:REPYF) Stock Price Up 1.3% – Here’s Why

Repsol, S.A. (OTCMKTS:REPYF)’s stock price rose 1.3% during trading on Tuesday . The company traded as high as $15.58 and last traded at $15.58. Approximately 1,340 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 1,734 shares. The stock had previously closed at $15.38.

Repsol Price Performance

The business has a 50-day moving average of $15.05 and a 200 day moving average of $13.45.

Institutional Investors Weigh In On Repsol

A hedge fund recently raised its stake in Repsol stock. Generali Investments CEE investicni spolecnost a.s. increased its position in Repsol, S.A. (OTCMKTS:REPYF) by 2.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,927 shares of the company’s stock after buying an additional 3,500 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Repsol were worth $1,795,000 at the end of the most recent quarter. 23.76% of the stock is currently owned by hedge funds and other institutional investors.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company’s Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.