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

Repsol, S.A. (OTCMKTS:REPYY) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 179,600 shares, a growth of 188.7% from the October 15th total of 62,200 shares. Based on an average daily volume of 319,000 shares, the days-to-cover ratio is currently 0.6 days.

Repsol Stock Down 1.2 %

Shares of OTCMKTS REPYY opened at $12.18 on Wednesday. The stock has a market cap of $14.82 billion, a PE ratio of 6.41 and a beta of 0.74. Repsol has a 52-week low of $12.09 and a 52-week high of $17.61. The business has a 50-day moving average price of $12.97 and a 200 day moving average price of $14.34. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.30.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings data 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 firm had revenue of $14.95 billion during the quarter. Repsol had a net margin of 3.74% and a return on equity of 13.09%. Equities research analysts forecast that Repsol will post 3.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

REPYY has been the subject of a number of recent analyst reports. BNP Paribas downgraded Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Sanford C. Bernstein raised Repsol from a “hold” rating to a “strong-buy” rating in a report on Monday, September 23rd. UBS Group raised shares of Repsol to a “hold” rating in a report on Monday, September 16th. Morgan Stanley cut shares of Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th. Finally, Citigroup upgraded shares of Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Repsol has a consensus rating of “Moderate Buy”.

Repsol Company Profile

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.