Repsol (OTCMKTS:REPYY) Sees Unusually-High Trading Volume on Analyst Upgrade

Repsol SA (OTCMKTS:REPYY) shares saw an uptick in trading volume on Tuesday after Morgan Stanley upgraded the stock from an equal weight rating to an overweight rating. 291,654 shares changed hands during trading, an increase of 133% from the previous session’s volume of 125,252 shares.The stock last traded at $27.2199 and had previously closed at $26.32.

Several other research firms also recently weighed in on REPYY. Zacks Research raised shares of Repsol from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 12th. Royal Bank Of Canada raised shares of Repsol from an “underperform” rating to an “outperform” rating in a research report on Thursday, March 12th. JPMorgan Chase & Co. downgraded Repsol from an “overweight” rating to a “neutral” rating in a research note on Tuesday, February 3rd. Jefferies Financial Group raised shares of Repsol from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. Finally, DZ Bank upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Repsol Stock Performance

The company has a quick ratio of 1.15, a current ratio of 1.54 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $30.40 billion, a PE ratio of 14.79, a PEG ratio of 0.49 and a beta of 0.19. The company has a 50-day moving average price of $21.92 and a two-hundred day moving average price of $19.54.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings data on Thursday, February 19th. The energy company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. Repsol had a return on equity of 10.48% and a net margin of 3.49%.The business had revenue of $14.91 billion for the quarter, compared to analysts’ expectations of $14 billion. Analysts predict that Repsol SA will post 2.36 EPS for the current fiscal year.

About Repsol

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.