Repsol (OTCMKTS:REPYF) Trading Down 2.9% – Here’s What Happened

Repsol, S.A. (OTCMKTS:REPYF) dropped 2.9% during mid-day trading on Tuesday . The stock traded as low as $18.38 and last traded at $18.38. Approximately 2,680 shares were traded during mid-day trading, an increase of 120% from the average daily volume of 1,216 shares. The stock had previously closed at $18.9264.

Repsol Trading Down 2.9%

The company has a 50 day moving average of $18.77 and a 200 day moving average of $17.34.

Institutional Trading of Repsol

An institutional investor recently raised its position in Repsol stock. Generali Investments CEE investicni spolecnost a.s. boosted its position in Repsol, S.A. (OTCMKTS:REPYF) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,327 shares of the company’s stock after acquiring an additional 8,400 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Repsol were worth $2,530,000 at the end of the most recent quarter. 23.76% of the stock is currently owned by institutional investors.

Repsol Company Profile

Repsol, SA is a Spanish integrated energy company engaged in the exploration, production, refining, distribution and marketing of petroleum and natural gas. Headquartered in Madrid, Repsol operates across the entire energy value chain, from upstream activities such as exploration and production to downstream services including refining, petrochemicals and fuel retailing. In recent years, the company has expanded its portfolio to include natural gas, liquefied natural gas (LNG) and low-carbon energy solutions, reflecting its commitment to a diversified energy mix.

In its upstream business, Repsol explores and produces oil and gas resources in regions spanning Spain, Latin America, North America, West Africa and Asia.