Repsol, S.A. (OTCMKTS:REPYY) Sees Significant Drop in Short Interest

Repsol, S.A. (OTCMKTS:REPYY) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 51,900 shares, a decrease of 77.3% from the November 15th total of 228,900 shares. Based on an average daily volume of 466,800 shares, the short-interest ratio is presently 0.1 days.

Repsol Stock Down 0.6 %

Shares of OTCMKTS:REPYY traded down $0.07 during midday trading on Wednesday, reaching $11.95. The company had a trading volume of 273,013 shares, compared to its average volume of 130,023. Repsol has a 1-year low of $11.81 and a 1-year high of $17.61. The stock has a market cap of $14.54 billion, a PE ratio of 6.29 and a beta of 0.74. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average price is $12.67 and its 200 day moving average price is $13.82.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.15). The company had revenue of $14.95 billion for the quarter. Repsol had a return on equity of 13.09% and a net margin of 3.74%. Research analysts forecast that Repsol will post 2.88 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on REPYY shares. Citigroup upgraded Repsol to a “strong-buy” rating in a report on Wednesday, October 2nd. Morgan Stanley lowered Repsol from an “overweight” rating to an “equal weight” rating in a research report on Thursday, August 29th. Sanford C. Bernstein downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 13th. UBS Group upgraded shares of Repsol to a “hold” rating in a report on Monday, September 16th. Finally, BNP Paribas cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.