Galp Energia, SGPS (OTCMKTS:GLPEY) Share Price Crosses Below Fifty Day Moving Average of $10.40

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.40 and traded as low as $10.13. Galp Energia, SGPS shares last traded at $10.18, with a volume of 53,089 shares traded.

Galp Energia, SGPS Stock Down 1.4 %

The business has a 50-day moving average price of $10.39 and a two-hundred day moving average price of $9.30. The company has a quick ratio of 1.31, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The firm has a market cap of $14.56 billion, a PE ratio of 10.82 and a beta of 0.51.

Galp Energia, SGPS (OTCMKTS:GLPEY) last posted its earnings results on Monday, July 22nd. The energy company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.14 by $0.11. Galp Energia, SGPS had a return on equity of 25.06% and a net margin of 6.32%. The firm had revenue of $6.30 billion for the quarter. On average, equities research analysts expect that Galp Energia, SGPS, S.A. will post 0.67 EPS for the current year.

Galp Energia, SGPS Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were given a dividend of $0.1464 per share. The ex-dividend date of this dividend was Monday, June 3rd.

Galp Energia, SGPS Company Profile

Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.