Repsol (OTCMKTS:REPYY) Sees Large Volume Increase – Still a Buy?

Shares of Repsol SA (OTCMKTS:REPYY) saw strong trading volume on Friday . 194,126 shares changed hands during mid-day trading, an increase of 196% from the previous session’s volume of 65,508 shares.The stock last traded at $18.35 and had previously closed at $18.26.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Zacks Research downgraded Repsol from a “hold” rating to a “strong sell” rating in a research note on Monday. Jefferies Financial Group upgraded Repsol from a “hold” rating to a “buy” rating in a report on Thursday, January 8th. Royal Bank Of Canada cut shares of Repsol from a “sector perform” rating to an “underperform” rating in a research report on Thursday. DZ Bank cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Barclays reiterated an “overweight” rating on shares of Repsol in a research report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Repsol has a consensus rating of “Hold”.

Repsol Price Performance

The company has a current ratio of 1.47, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The company’s 50-day moving average price is $18.88 and its two-hundred day moving average price is $17.34. The company has a market cap of $21.08 billion, a P/E ratio of 17.03, a P/E/G ratio of 5.26 and a beta of 0.25.

Repsol (OTCMKTS:REPYY) last announced its earnings results on Thursday, October 30th. The energy company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.08. The firm had revenue of $15.02 billion for the quarter, compared to the consensus estimate of $15.28 billion. Repsol had a return on equity of 10.18% and a net margin of 2.12%. As a group, sell-side analysts expect that Repsol SA will post 2.36 earnings per share for the current 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.